The European Commission has approved, under EU State Aid rules, the Irish Government’s proposed €450 million scheme to support the construction of apartments to be sold to owner-occupiers. The scheme, know as the Croí Cónaithe (Cities) Scheme, aims to bridge the current “viability gap” where the cost of building apartments is higher than its market
Short-term tourist letting register to be established through new legislation
Minister for Tourism, Culture, Arts, Gaeltacht, Sport and Media, Catherine Martin, TD has today (Wednesday 7 December) announced that the Government has approved the priority drafting of the Registration of Short-Term Tourist Letting Bill.
This is another initiative provided for in the Government’s Housing for All policy and Minister Martin was joined at today’s announcement…
Further Affordable Housing Act provisions commenced allowing for arrangements between housing authorities and LDA
28 July 2022 has been appointed as the commencement date for section 6(2)(c) of the Affordable Housing Act 2021.
This is the provision of the Act which allows a housing authority to enter into arrangements with the Land Development Agency for the purposes of making homes available for sale to eligible applicants under affordable dwelling…
Further provisions of the Land Development Agency Act 2021 come into operation with effect from 31 March 2022
Further provisions of the Land Development Agency Act 2021 have been commenced with effect from 31 March 2022, as follows:
- Section 11 (Revocation);
- Section 14 (Functions of Agency);
- Section 15 (Services to local authorities);
- Section 17 (Chief executive of Agency);
- Section 21 (Staff of Agency);
- Part 3 (Funding of Agency) (except insofar as it is
Initial provisions of Land Development Agency Act 2021 commenced
As detailed in our earlier post, the Land Development Agency Act 2021 was signed into law on 21 July 2021 but further Ministerial order was required for its provisions to be commenced.
The first such order has been made and appoints 15 December 2021 as the commencement date for the following provisions of the…
Affordable Housing Act provisions commenced with effect from 3 September
3 September 2021 has been appointed as the commencement date for the following elements of the Affordable Housing Act 2021:
Part 2: Affordable dwelling purchase arrangements (other than subsections 2(c), (6) and (7) of section 6 which relate to housing authorities (i) potentially entering into arrangements with the LDA and (ii) being required to have…
Irish Government publishes “Housing for All” plan
It won’t have passed you by that the Government’s Housing for All strategy was published yesterday. It is available to read in full here.
The strategy consists of 4 key pathways:
- Pathway to Supporting Home Ownership and Increasing Affordability;
- Pathway to Eradicating Homelessness, Increasing Social Housing Delivery and Supporting Social Inclusion;
- Pathway to Increasing
Affordable Housing Act 2021 – cost rental provisions commenced
Two Statutory Instruments have been published relating to the Affordable Housing Act 2021 (the Act):
1. SI No. 424 of 2021: Affordable Housing Act 2021 (Commencement) (Parts 1 and 3) Order 2021
This appoints 19 August 2021 as the commencement date for Part 1 (Preliminary and General) and Part 3 (Cost Rental Dwellings) of…
Land Development Agency Act 2021 signed into law
The Land Development Agency Act 2021 (the Act) was signed into law by the President on 21 July 2021. This Act gives legislative underpinning to the Land Development Agency (LDA) which was established in 2018.
The LDA has been created to coordinate public-owned land for more optimal uses where appropriate, with a…
Affordable dwelling purchase arrangements introduced by the Affordable Housing Act 2021
There are two main schemes contemplated by Part 2 of the Affordable Housing Act 2021:
- Direct sales agreements; and
- Equity share scheme.
This post will consider how each scheme is intended to operate.
Direct sales agreements
Housing authorities can enter into arrangements with an entity to provide dwellings for affordable housing such that that entity…