Housing

Dublin City Council to spend €125m on ‘turnkey’ homes

The authority has issued the tender for social and affordable units to be acquired from private developers before they are put up for sale

Dublin City Council has €125 million put aside to be used to buy 350-400 units from private developers before they are placed on the market. Picture: Getty

Dublin City Council plans to spend €125 million on purchasing hundreds of homes, already under construction, before they hit the open market.

The local authority has issued the tender to find developers that can provide social and affordable homes as part of its housing programme to deliver 9,000 new homes between 2022 and 2026.

The tender document issued by Dublin City Council states the organisation will consider buying up partially finished housing units that are ...