Government pledges €450m for 3,000 new homes amid funding debate

Government pledges €450m for 3,000 new homes amid funding debate

The Irish government is set to approve a €450 million funding package aimed at delivering 3,000 cost rental, affordable and social homes over the next three years, following a crucial Cabinet committee meeting on housing. However, the announcement has sparked immediate debate over overall housing budget allocations. The joint memo, to be presented by Public … Read more

Ireland needs 93,000 new homes annually to meet demand, Davy report warns

Ireland needs 93,000 new homes annually to meet demand, Davy report warns

Ireland must build 93,000 homes per year between now and 2031 to meet housing demand, according to a new report by stockbroker Davy. This estimate far exceeds the Coalition’s Programme for Government target, which plans for 300,000 new homes between 2025 and 2030. In 2023, only 30,000 homes were built—falling short of the government’s 33,000 … Read more

Govt to unveil nearly 600 new homes today as part of major public housing project in Shankill

Govt to unveil nearly 600 new homes today as part of major public housing project in Shankill

Nearly 600 new homes will be unveiled today in Dublin’s Shankill area, marking the first batch of houses built on State-owned land by the current government. While prices for affordable purchase homes will start at €334,600, cost rental apartments will have rents starting at €1,250. The development is being delivered by the Land Development Agency … Read more

Central bank: Ireland needs 52,000 new homes yearly until 2050

Central bank: Ireland needs 52,000 new homes yearly until 2050

Ireland’s housing crisis may be more severe than previously thought, according to a new report from the Central Bank. The bank estimates that the country needs about 52,000 new homes each year until 2050 to meet demand – a significant increase from current projections. This figure is nearly 20,000 more than the 32,695 homes completed … Read more

Cork city set for housing boost: 350 new homes on the horizon

Cork city set for housing boost: 350 new homes on the horizon

Cork’s skyline is about to change as plans for 350 new homes take shape in the city’s western suburbs. The Land Development Agency (LDA) is spearheading this exciting project, which promises to address the growing housing needs of Cork residents. In a significant move, the ESB has agreed to transfer a 2.7-hectare greenfield site to … Read more