Dáil Éireann Debate, Wednesday - 20 March 2024
602. Deputy Eoin Ó Broin asked the Minister for Housing, Local Government and Heritage to provide in tabular form the average cost per unit of new build social housing delivered in 2023 broken down by SHIP construction, SHIP turnkey, CALF construction, CALF turnkey, CAS construction, CAS turnkey, Local Authority Part V and AHB Part V and PPP. [11684/24]
Amharc ar fhreagraCost information on the delivery of social homes through the various construction streams, is collated by my Department at development/project level rather than at individual housing unit level. The cost of constructing new homes is dependent on a range of variables, such as the location, the scale of the development and the size and type of the homes involved.
The table below sets out the average cost per unit in 2023(Q1-Q3) of social housing across a range of programmes.
|
Funding |
2023 Average Cost |
|
SHIP construction |
€309,700* |
|
SHIP turnkey |
€301,300 |
|
CALF construction |
€86,600** |
|
CALF turnkey |
€96,600** |
|
CAS construction |
€218,800 |
|
CAS turnkey |
€327,800 |
|
Local Authority Part V |
€278,700 |
|
AHB Part V |
€332,700 |
|
AHB CALF Part V |
€73,600** |
|
PPP |
N/A |
* Refers to the All-In cost to include construction/land/design team fees/utilities/% for Art etc
** The CALF Capital Outlay represents the average amount of CALF funding provided. (A maximum of 30% of total cost)
This is the most recent data available, however data is subject to revision as claims are received from local authorities and final accounts are finalised for the SHIP Construction Projects.
CALF funding is capital support provided to Approved Housing Bodies (AHBs) by local authorities to facilitate the funding of construction, acquisition or refurbishment of new social housing units. This loan facility can support from 25% to 30% of the eligible capital cost of the housing project, with the housing units provided to local authorities for social housing use under long-term lease arrangements known as Payment and Availability Agreements. A nominal interest rate of 2% fixed per annum is charged by the local authority on the initial capital amount. Repayments on either the capital or interest are not required during the term of the loan (between 10 and 30 years), although where an AHB chooses to, repayments can be made during the term. At the end of the term, the outstanding capital amount plus the interest accrued, is owed and repayable to the local authority. The local authority issues the CALF monies to the AHB and the local authority, in turn, recoups same from the Department.
CALF Note 1: Delivery does not necessarily occur in the year of approval or spend
CALF Note 2: The CALF figures are based on application details and may be subject to change as the project progresses.
CALF Note 3: Agreement on Part V arrangements are a matter for the local authorities. In some cases the Part V average is affected by delivery of homes that were subject to agreements prior to the current Part V arrangements. Complete details of PART V arrangements are available from the local authorities.
