I propose to take Questions Nos. 234, 235 and 240 together.
I refer to the reply to Question No. 235 of 26 January 2023 which sets out the position in this matter.
In addition, this week, I announced further measures to increase the supply of social homes including:
- an increase in the number of social housing acquisitions to 1,500 in 2023 to reduce the number of households at risk of homelessness;
- an additional 1,000 homes through Targeted Leasing initiatives in 2023 and 2024; and
- the amendment of the Capital Advance Leasing Facility used by Approved Housing Bodies (AHBs) to assist them in their efforts in delivering social homes
I have also informed Government of plans to give a number of new opportunities to tenants who wish to become homeowners. These include:
- requiring a landlord selling a property to first offer it to the tenant on an independent valuation basis for sale;
- working with AHBs and local authorities to develop a bespoke ‘cost rental’ model for tenants at risk of homelessness but not on social housing supports to continue to rent their homes at existing or market rates.