I propose to take Questions Nos. 135 and 136 together.
Local authorities are encouraged to acquire vacant/derelict properties to be upgraded as new, value-for-money social homes via the Buy & Renew Scheme. Since it was introduced in 2016, in excess of 800 properties have been delivered under this arrangement.
The table below outlines the average cost in that time of 1/2/3/4 bed units delivered under the Buy and Renew Scheme in the 4 Dublin local authority areas and outside Dublin.
|
The 4 Dublin LA Areas
|
Outside Dublin
|
One Bed
|
€189,298
|
€117,858
|
Two Bed
|
€291,774
|
€161,925
|
Three Bed
|
€311,566
|
€208,609
|
Four Bed
|
€316,022
|
€234,695
|