We know that the impact of the housing crisis is felt in every family across our country.Housing for All is a radical, realistic and costed plan, underpinned by record State investment in excess of €20bn over five years, which will help our citizens have access to affordable, high-standard housing - to purchase or rent - located in the right places.It includes actions to increase housing supply of all types in the short-term and measures to ensure we have a sustainable housing system into the future.
How will Housing for All support home ownership and increase affordability?
How will Housing for All support home ownership and increase affordability?
- Delivery of 54,000 affordable homes between now and 2030.
- An average of 6,000 affordable homes to be made available every year for purchase or for rent by Local Authorities, AHBs, the LDA and through a strategic partnership between the State and retail banks.
- A new, nationally available, affordable purchase shared-equity First Home scheme, until 2025, for new-build homes in private developments.
- A new Local Authority-led Affordable Purchase Scheme.
- The Land Development Agency (LDA) will be a new and important source of affordable housing on public land and will advance a new initiative, Project Tosaigh, to enable the early delivery of new affordable homes.
- The introduction of a new form of rental tenure and delivery of ‘Cost Rental’ homes.
- Expanded Part V requirements to increase the percentage contribution from 10% to 20% and applied to affordable as well as social housing.
- Launch of a newly expanded Local Authority Home Loan.
- A ‘Fresh Start’ principle for applications to affordable housing and loan schemes.
- Extended Rent Pressure Zone Protections to 2024 and rents linked to the Harmonised Index of Consumer Prices.
- Introduction of indefinite tenures for rent leases.
