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gov ie - Minister O Brien announces first Cost Rental Schemes

Minister O’Brien announces first Cost Rental Schemes   The Minister for Housing, Local Government and Heritage, Darragh O’Brien TD, has today (Monday 8th February) given approval in principle for Ireland’s first Cost Rental Homes, delivering on a key commitment in the Programme for Government, under Housing for All. In Budget 2021, €35 million was made available to Approved Housing Bodies (AHBs) to deliver approximately 350 cost rental homes in 2021 at rates which are a minimum 25% below open market values. An additional 50 cost rental homes at Enniskerry Road, Dun Laoighaire Rathdown are also due to be completed this year supported by the Department’s Serviced Sites Fund.

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