DARRAGH O'BRIEN TD
  • HOME
  • About Darragh
  • News
  • Parliamentary Questions
    • Housing, Planning & Local Government PQ's
    • School PQs
    • Foreign Affairs PQS
    • Oral Questions
  • Newsletters
  • Videos
  • PHOTOS
  • FIANNA FAIL
  • CONTACT
  • DATA Protection Statement

Housing, Planning and Local Government PQ's

Cost rental pilot project

28/3/2019

0 Comments

 
QUESTION

To ask the Minister for Housing; Planning and Local Government if the cost rental pilot project has gone out to tender; when construction is due to commence; the number of units due to be completed; and if he will make a statement on the matter.

REPLY

Acknowledging that renters in Dublin and other major urban centres are currently facing significant access and affordability challenges, the Government is committed to the introduction of a not-for-profit, cost rental sector in Ireland. Together with delivering more affordable and predictable rents, cost rental can make a sustainable impact on national competitiveness and the attractiveness of our main urban centres as places to live and work. 

To support the introduction of affordable housing, including cost rental, the Government has made €310m available to local authorities to fund facilitating infrastructure, under the Serviced Sites Fund, over the next three years. 

Two path-finder cost rental projects are currently being progressed. Firstly, the Housing Agency, Dun Laoghaire Rathdown County Council and two Approved Housing Bodies (Respond and Túath) are working on a project at the Enniskerry Road, Dublin, which will deliver 50 cost rental homes. This project is providing very valuable learning and is helping to shape the contractual model and specifications for future larger-scale projects. Planning permission is currently in place and tenders have been assessed. An application submitted by Dún Laoghaire-Rathdown County Council for funding under the Serviced Sites Fund last year in relation to the project was successful. It is anticipated that construction will commence on this project in the second quarter of 2019.

The second project, St. Michael’s Estate, Emmet Road in Inchicore, is estimated to have the potential to accommodate circa. 470 homes in a high quality development.  The current tenure mix as agreed with by my Department is 30% Social and 70% Cost Rental.  It is expected that the procurement process for the design team will get underway in Q2 2019. 

It is estimated by the National Development Finance Agency that rents of between 15-25% below market are achievable.  The new apartment guidelines were applied to all units.  The European Investment Bank is also working on this project in terms of financial and advisory services.
0 Comments

Your comment will be posted after it is approved.


Leave a Reply.

    Picture

    pqs

    All Parliamentary Questions I make about Housing, Planning and Local Government and their answers can be viewed in this section

    Archives

    December 2019
    November 2019
    October 2019
    September 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    July 2018
    June 2018
    May 2018

Darragh O'Brien TD


Address

Darragh O'Brien TD
Leinster House
Kildare Street
Dublin 2

Telephone

T:  01-6183802

Email

At present, and as a result of the COVID-19 pandemic, I am not holding my regular meetings across our towns and villages in North County Dublin. However, both I and my office are happy to speak to you and assist you with any issues you may have.

For all housing, planning or heritage related queries please don’t hesitate to contact:
Email: minister@housing.gov.ie
Phone: 01-8882000
Postal address: Department of Housing, Local Government and Heritage, Custom House, Dublin 1, D01 W6X0
 
For all constituency related queries please don’t hesitate to contact:
Email: Darragh.obrien@oireachtas.ie
Phone: 01-6183802
Postal address: Dáil Éireann, Leinster House, Kildare Street, Dublin 2.
 



  • HOME
  • About Darragh
  • News
  • Parliamentary Questions
    • Housing, Planning & Local Government PQ's
    • School PQs
    • Foreign Affairs PQS
    • Oral Questions
  • Newsletters
  • Videos
  • PHOTOS
  • FIANNA FAIL
  • CONTACT
  • DATA Protection Statement