Cost-rental schemes attract 400 applications in first 24 hours

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Applications for homes in Dublin and Wicklow, significantly below market rents, remain open until Monday

The LDA is building a total of 95 cost-rental homes at the Parklands development, which will be available in phases over the next 16 months. This week’s applicants who do not secure any of the first 22 houses will remain on file for future phases of the scheme.

At Archers Wood, 124 cost-rental homes are being provided, 24 of which, advertised last November, are already occupied. Applications for this development are being taken on a phase-by-phase basis, with the next tranche of homes – 95 apartments including 37 one-beds , 52 two-beds and four three-beds – due to be advertised in the coming weeks.

Applicants must have a net household income below €53,000, cannot be in receipt of any social housing supports, including rent supplement or housing assistance payment and must not own a property.Land Development Agency chief ‘confident’ of 1,000 cost rental home deliveries by end of next yearAn applicant’s household size must match the size of the property advertised and guidance on permissible household make-up is listed on the LDA application form.

 

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