Data on delivery and costs under the repair and lease scheme, in respect of all local authorities to end Q1 2021 is published on my Department’s website at the following link:
To end Q1 2021, 31 properties have been delivered under this scheme in the four Dublin local authorities.
The capital cost of the refurbishments under repair and lease in the four Dublin local authorities to end 2020 is €230,346. The current costs to end 2020 are €131,912.
The maximum cost of repairs allowable under this scheme was increased from €40,000 (including VAT) to €60,000 (including VAT) in November 2020. Therefore, should 250 properties be delivered under the repair and lease scheme, the maximum cost of refurbishment (capital costs) would be €15,000,000. The cost of the repairs is offset against the agreed rental payment until the value of the works is repaid.