To ask the Minister for Housing; Planning and Local Government the status of the Re-Building Ireland commitment to introduce an AHB innovation fund; and if he will make a statement on the matter.
Rebuilding Ireland: Action Plan for Housing and Homelessness included the commitment to explore a range of structural, funding and policy supports that could help to increase delivery by AHBs.
In 2016, my Department established an Innovation Fund to support Tier 3 AHBs (i.e. those larger organisations with 300+ homes in their stock) in their development of innovative financial models that would assist in improving the capacity of the sector.
Six AHBs applied to this Fund and four proposals were deemed eligible. The total amount of funding approved for these four proposals was €104,043.50, and details of these approvals were announced in May 2017.
Details of the approved proposals are as follows:
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