Homes built by the Land Development Agency (LDA) could see tenants paying over a third less on market rents, the Housing Oireachtas Committee will hear today.
The LDA expects to begin construction of 597 homes at a site in Shanganagh Castle in Co Dublin later on this year, which will consist of 200 social homes, 306 cost rental homes and 91 affordable purchase homes.
John Coleman, CEO of the LDA, will tell the Oireachtas Housing Committee today that rents for a two bedroom apartment at the site would be €1,200 to €1,300 per month, a 27.7pc to 33.3pc discount on market rents.
A one bedroom apartment would cost €1,000 a month, a reduction of 34.9pc in current market rates, according to the LDA.
Three Kildare Defence Forces members receive top awards
Awards
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Three Defence Forces members from Kildare were recognised as Defence Forces Values Champions in a ceremony presided by Chief of Staff Vice Admiral Mark Mellett DSM, in Baldonnel recently.
RSM Philip Hayden, Comdt Michael Cullen and Sgt Paul Halpin were all honoured at the national awards.
Speaking at the event, Vice Admiral Mellett said; We have continued to build on our values as we strive for our vision to ‘Strengthen the Nation by inspiring pride and leading excellence’. Our values of moral courage and physical courage, respect, integrity, loyalty and selflessness serve as a framework for all our professional decision making and actions, but also for everyday life - and that is only right because our values have equal application when we hang up our uniform at the end of the day.