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By Live95 News Team
Limerick City and County Council is piloting a scheme which will allow people to buy a starter home at a discounted price.
The Incremental Purchase Scheme is targeted at working households currently in private rented accommodation, who may be on HAP, RAS or social leasing.
A new build home can be purchased at 40 - 60% discount, depending on income.
The two locations where the scheme is being piloted are housing developments in Main Street, Pallaskenry and the Old Cratloe Road/Redgate Road area on the outskirts of the city.
For the Main Street, Pallaskenry scheme, eight out of 16 homes being constructed are available and prices will start from €106,000 – €162,000 for a three-bedroom semi-detached home.