Housing for All (September 2021), is the Government’s plan to increase the supply of housing to an average of 33,000 new homes per year over the next decade. This includes the delivery of 90,000 social homes by 2030. As part of the objective to increase social housing delivery, the plan recognises the significant role that Approved Housing Bodies (AHBs) have played as partners in social housing delivery and will continue to play.
Over the past decade, the Capital Advance Leasing Facility (CALF) funding model has worked very successfully. Under the Housing for All Action Plan Update (November 2022), a specific objective, Action 4.1 is to “review the structure and operation of CALF to assess whether any refinements to the facility are required to support delivery of social housing by the AHB sector across a wider range of Local Authority areas, and to identify resulting actions for implementation.”
My Department, in conjunction with colleagues in the Housing Agency and relevant stakeholders, prepared a number of draft recommendations and a draft report on the CALF Review. I have considered these draft recommendations and my Department is currently finalising discussions with the Department of Public Expenditure, NDP Delivery and Reform.
I intend to make an announcement in relation to this shortly.
