Housing

New income limits for state’s cost-rental scheme come into effect today

The limit in Dublin has been increased to €66k, and the rest of the country to €59k

Darragh O’Brien said the new limits reflect the ongoing issue of high rents

New increased income thresholds for the government’s cost-rental scheme come into effect from today, with a higher limit in place for renters based in Dublin.

The maximum net household income limit will be increased from €53,000 across the country to €66,000 for those in Dublin, and €59,000 for the rest of the country.

Darragh O’Brien, the Minister for Housing, said the rise reflects the difficulty people are having with high rents.

The new limits were ...