#Housing #Budget2022
Headline: “a budget package for 2022 of just under €6bn”
gov.ie/en/press-relea…
Headline: “a budget package for 2022 of just under €6bn”
gov.ie/en/press-relea…
CAPITAL (“on-off” investment, new-build & purchases) €4.1bn
- €2.6bn Exchequer
- €1.5bn LDA (Land Development Agency) & HFA (Housing Finance Agency)
CURRENT (on- going spending, leases, rent supports, etc) €1.4bn
- €2.6bn Exchequer
- €1.5bn LDA (Land Development Agency) & HFA (Housing Finance Agency)
CURRENT (on- going spending, leases, rent supports, etc) €1.4bn
“11,820 new homes to be added to supply of social housing through build, acquisition & leasing, with focus on new build (9,000 homes)”
..unclear how many direct build (good value for money), acquisition (vfm in low demand locations only), & leasing (very poor vfm)
..unclear how many direct build (good value for money), acquisition (vfm in low demand locations only), & leasing (very poor vfm)
“€676m will support a package of measures to deliver more affordable housing, including 4,130 affordable purchase & cost rental homes”
“affordable purchase” = subsidies up to €100,000 per home in ‘shared ownership’
“cost rental”= rent 25% below market rent
“affordable purchase” = subsidies up to €100,000 per home in ‘shared ownership’
“cost rental”= rent 25% below market rent
also budgeted: 
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