Dáil Éireann Debate, Tuesday - 17 December 2019
782. Deputy Darragh O'Brien asked the Minister for Housing, Planning and Local Government the first and full-year costs of increasing HAP, RAS and social housing current expenditure programme payments by 5%,10%, 15%, 20% and 25%, respectively. [53427/19]
Amharc ar fhreagraAll three of the current expenditure funded schemes – the Rental Accommodation Scheme (RAS), the Housing Assistance Payment (HAP) and the Social Housing Current Expenditure Programme (SHCEP) - are critical components of the accelerated delivery of social housing envisaged under Rebuilding Ireland: Action Plan for Housing and Homelessness.
The annual cost of the three schemes to the exchequer is made up of the continuing cost of supporting the tenancies and contracts in place at the end of the previous year, and the additional cost of the new tenancies and contracts supported over the course of the year to which the allocation relates. The cost of the schemes in future years is therefore dependent on the number of new social housing homes and tenancies falling to be funded within each of the schemes and the rental or lease payments involved.
The following table sets out the costs of increasing the 2020 HAP, RAS and SCHEP budgetary allocation by 5%,10%, 15%, 20% and 25%, respectively.
|
- |
2020 Budget €m |
5% Increase €m |
10% Increase €m |
15% Increase €m |
20% Increase €m |
25% Increase €m |
|
HAP |
502,729 |
527,865 |
553,002 |
578,138 |
603,275 |
628,411 |
|
RAS |
133,000 |
139,650 |
146,300 |
152,950 |
159,600 |
166,250 |
|
SHCEP |
190,886 |
200,430 |
209,975 |
219,519 |
229,063 |
238,608 |
|
Total |
826,615 |
867,945 |
909,277 |
950,607 |
991,938 |
1,033,269 |
