The Land Development Agency (LDA) was established on an interim basis in September 2018, by way of an Establishment Order made under the Local Government Services (Corporate Bodies) Act 1971, pending the enactment of the Land Development Agency Bill.
On establishment, the LDA had access to an initial tranche of 8 sites that have near term delivery potential for approximately 3,400 new homes. As these 8 sites are currently at the pre-planning stage, the exact delivery potential for each site will only be finalised as final plans are put in place and planning permission is sought. The LDA will have regard to Government policy, and all appropriate legislation, on the appropriate tenure mix for developments on public land as well as the criteria for the operation of cost rental and affordable housing schemes.
In partnership with Dun Laoghaire Rathdown County Council, the LDA has been granted planning permission for the development of 597 homes on a further site in Shanganagh. Approximately 34% of the units will be for social housing, 51% will be cost rental and 15% will be for affordable purchase.