Cabinet approval for the publication of Affordable Housing Bill 2021

The Minister for Housing, Local Government and Heritage, Darragh O’Brien TD, has welcomed Cabinet approval for the publication of the Affordable Housing Bill 2021.The Bill will be the first comprehensive standalone legislation dedicated to the provision of affordable housing in history of the State.

The Bill includes two new options for affordable home ownership, The Local Authority Affordable Purchase and shared Equity Affordable Purchase

Key elements of the Bill include:

  • The first scheme of direct state built affordable homes in over a decade
  • The first ever national scheme to provide for the delivery of Cost Rental housing
  • A new Affordable Purchase Shared Equity scheme for homes in private developments
  • Provision for the extension of Part V to a set 20% in every Local Authority area with a 10% minimum requirement for social homes and a further 10% requirement for affordable homes where required

Commenting Minister O’Brien said:”This Bill is delivering on the Programme for Government commitment to put affordability at the heart of the housing system and to prioritise the increased supply of affordable homes.”

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