Hundreds expected to apply for 94 cost-rental homes in Wicklow

This morning, hundreds of applicants are anticipated for 94 low-cost apartments in County Wicklow.

Homes at Archers Wood in Delgany will have monthly rent starting at just over €1,200 for a one-bed and €1,400 for a two-bed.

These costs are 30% less than what the market is now charging.

According to Land Development Agency’s John Coleman, the costs are thought to be fair and affordable.

Mr Coleman said: “They are targeted at this level to be sustainable, so that we can do more of these homes. The rents will support the release of more homes and their upkeep.

“But as well as that to come in under that 35 per cent of net income level of expenditure on rent which is universally expected as affordable, so we think it’s a really fair deal for people who are in that squeezed middle bracket.”

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