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Social Housing

Housing

Ex-FG minister urged O’Brien to intervene in Wicklow property dispute

Last year, Wicklow County Council backed out of a deal to lease homes from Arresico Ireland after it ‘consistently failed’ to deliver social housing units on time
  • Killian Woods
  • March 11, 2023
Housing

Dublin City Council spending up to 40% more to deliver homes than private developers

An audit of the local authority’s homebuilding costs showed it spent up to €150,000 more per unit than private developers to deliver social housing
  • Killian Woods
  • February 16, 2023
Construction

Circle in talks with AIB to deliver large-scale social housing project

Direct-build plan for 600 homes in Dublin and adjacent counties represents a shift away from the developer-led model
  • Peter O'Dwyer
  • December 17, 2022
Housing

O’Devaney development still on hold after legal case resolved

Bartra Capital won its bid to overturn ban on selling about half of homes to institutional investor, but said council work was delaying start of construction
  • Killian Woods
  • December 3, 2022
Housing

Funds told that council will not lease more homes in 33 north Dublin estates

Estate agents and property investors informed that 33 estates in north Dublin are ‘socially satisfied’ and therefore not eligible
  • Killian Woods
  • October 8, 2022
Housing

Levy on blocks will delay social homes, says housing charity

Society of Chartered Surveyors Ireland estimates that the levy will add up to €4,000 to the cost of a regular semi-detached home
  • Killian Woods
  • October 1, 2022
Housing

Plan to axe leased social housing is under ‘review’

Move comes despite Taoiseach’s promise to end controversial practice, and follows fresh €450 million state investment to lease 1,000 new homes
  • Killian Woods
  • September 28, 2022
Housing

Fingal council leased social homes from British weapons dealer

Spokesman says council ‘immediately moved to rectify the situation’ when it learnt properties were owned by BAE Systems pension fund
  • Killian Woods
  • September 24, 2022
Housing

British weapons dealer sells Irish houses to Davy investment fund

BAE systems made €2.4m profit by divesting itself of 43 second-hand Irish homes less than a year after buying them
  • Killian Woods
  • September 17, 2022
Housing

State raises leased housing budget by €450m due to influx of Ukrainian refugees

Government launched extra fund for 1,000 new-build social housing despite Taoiseach’s commitment to move away from leasing model
  • Killian Woods
  • August 27, 2022
Housing

Sisk threatened to pull out of all future social housing schemes over costs

The construction giant made the move before the government announced it would intervene to cover some construction cost inflation
  • Killian Woods
  • July 2, 2022
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
  • Killian Woods
  • June 11, 2022

DCC on course to exceed yearly target for leasing of social housing, despite government plans to end the practice

Taoiseach Micheál Martin has committed to phasing out the practice, decried as benefiting property investors at the expense of taxpayers
  • Killian Woods
  • May 1, 2022

Legal row that delayed the use of social housing units for 18 months is settled

Apartments bought by large investment fund RediResi had been left empty due to a dispute with South Dublin County Council
  • Killian Woodsand
  • Catherine Sanz
  • January 16, 2022

Wealthy non-EU visa-seekers pump €62m into Irish social housing in November

Immigrant Investor Programme gets massive influx of cash as landlords avail of ‘de-risked’ social home leasing initiatives
  • Killian Woods
  • January 2, 2022

New social housing leases will cost state over €1.4 billion

Despite government commitment to phasing the practice out, new deals are due to be signed to lease 3,500 homes at €412,000 per home over 25 years
  • Killian Woodsand
  • Cónal Thomas
  • December 26, 2021

Dublin City Council’s five-year social housing goal falls 600 short of Department’s target

Under the Government’s Housing for All plan, an average of 9,500 new social homes are to be provided annually state-wide
  • Cónal Thomas
  • December 6, 2021

MEP calls for EU state aid rules to adapt to housing crisis

Kim van Sparrentak acted as rapporteur for an affordable housing report produced by the European Parliament in 2020, which said that European fiscal policies were restricting member states from investing sufficiently in housing provision
  • Killian Woods
  • December 5, 2021

Council axes deal with UK arms firm for social housing units

The preliminary deal with Dublin City Council had been for a mix of newly-built apartments and houses that were bought by BAE’s pension fund
  • Cónal Thomas
  • November 26, 2021

Olympic star Taylor leasing investment properties to DCC for social housing

The boxing gold medallist purchased the three properties in 2020, and they are worth a total of €754,000
  • Killian Woods
  • November 21, 2021

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