COMHAIRLE CONTAE ÁTHA CLIATH THEAS
SOUTH DUBLIN COUNTY COUNCIL

MEETING OF CLONDALKIN AREA COMMITTEE

Wednesday, September 15, 2021

QUESTION NO.  9

QUESTION: Councillor William Joseph Carey

"To ask the Chief Executive for an update on the delivery of cost rental homes in Kilcarbery Grange including the number of units, the AHB managing them, the expected rent to be charged, the criteria for allocation and the timeline for completion and tenanting?"

REPLY:

The Minister for Housing Local Government and Heritage on the 8th February 2021 gave approval in principle for Irelands first cost rental scheme.  The cost rental equity loan scheme (CREL) is made available to approved housing bodies to deliver cost rental homes at rates which are a minimum 25% below open market rates.

In May 2021 it was announced that Tuath AHB were successful in their application under the CREL scheme to deliver 74 affordable cost rental homes at Kilcarberry Grange.  Tuath have indicated on the press announment that rents for a one bedroom apartment will be €1,025 and €1,229 for a 2 bed apartment, rents 30% below the open market rate for the area.   As the eligibility criteria has yet to be set it is premature to give timelines for delivery, however the scheme is managed by Tuath.