Dáil Éireann Debate, Tuesday - 26 July 2022
833. Deputy Richard Boyd Barrett asked the Minister for Housing, Local Government and Heritage the estimated cost of increasing part V to 25% social and 25% affordable over the next five years and in 2023; and if he will make a statement on the matter. [41810/22]
Amharc ar fhreagra834. Deputy Richard Boyd Barrett asked the Minister for Housing, Local Government and Heritage the estimated cost of purchasing 50% rather than the minimum of 10% under the part V requirements or 20% under the new part V requirements of all residential units targeted for completion in 2023 and 2024; and if he will make a statement on the matter. [41811/22]
Amharc ar fhreagraI propose to take Questions Nos. 833 and 834 together.
It is not possible to provide details of average unit costs or the total cost of future social or affordable homes delivered through Part V due to a number of factors. These factors include variables such as unit type, land cost, development and construction costs, cost and source of finance, together with ongoing maintenance and management fees, etc. Further details of the cost of units delivered through Part V will be available following the completion of projects.
My Department publishes statistics of housing delivered through Part V on a quarterly basis. This data is published on the statistics page of my Department’s website, at the following link: www.gov.ie/en/collection/fd048-affordable-housing-and-part-v-statistics/#part-v-scheme
My Department does not hold any information relating to the cost of increasing the Part V contribution and due to the range of issues outlined above, it is not possible to provide such an estimate.
