John Coleman of the Land Development Agency says candidates can secure a home at rents up to 30 per cent below market rates. He says the average rent for an LDA-provided home is €1,350 per month. Photograph: iStock
The State body set in 2018 up to build social and affordable housing on public and other land has been criticised in the past for the slow delivery of homes. The PAC will hear how the LDA’s cost-rental homes are designed to assist people who do not qualify for social housing but who cannot afford to rent at existing market rates.
This is more than €1,000 less than the average rent on the open market in Co Dublin which stood at €2,395 in a recent report by property website Daft.ie.
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