Housing Sisk threatened to pull out of all future social housing schemes over costsThe construction giant made the move before the government announced it would intervene to cover some construction cost inflation
Housing Dublin City Council to spend €125m on ‘turnkey’ homesThe authority has issued the tender for social and affordable units to be acquired from private developers before they are put up for sale
DCC on course to exceed yearly target for leasing of social housing, despite government plans to end the practiceTaoiseach Micheál Martin has committed to phasing out the practice, decried as benefiting property investors at the expense of taxpayers
Legal row that delayed the use of social housing units for 18 months is settledApartments bought by large investment fund RediResi had been left empty due to a dispute with South Dublin County Council
Wealthy non-EU visa-seekers pump €62m into Irish social housing in NovemberImmigrant Investor Programme gets massive influx of cash as landlords avail of ‘de-risked’ social home leasing initiatives
New social housing leases will cost state over €1.4 billionDespite 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
Dublin City Council’s five-year social housing goal falls 600 short of Department’s targetUnder the Government’s Housing for All plan, an average of 9,500 new social homes are to be provided annually state-wide
MEP calls for EU state aid rules to adapt to housing crisisKim 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
Council axes deal with UK arms firm for social housing unitsThe 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
Olympic star Taylor leasing investment properties to DCC for social housingThe boxing gold medallist purchased the three properties in 2020, and they are worth a total of €754,000
Investors lease former social housing properties back to stateHomes in old council estates are being rented to South Dublin County Council, with no option to purchase at end of the 25-year agreement
Funds ‘drive up cost of social housing by €50k per unit’Housing body Respond said institutional funds were buying up stock in the hope of leasing it back to the state
State’s first cost rental homes launched in north Co Dublin Two-bed homes in Balbriggan development will be €935 a month to rent in scheme where rents are set at a minimum of 25 per cent below open market rates
Smaller foreign funds target second-hand homes around the countryFunds such as FourLeaf Investments and Crown Capital aren’t interested in buying up entire housing estates but are hunting for second-hand homes – and giving Ireland the hard sell to prospective investors
Cian O’Callaghan: State’s over-reliance on leasing to address social housing crisis is dangerousLocking local authorities into long-term leasing arrangements benefits investors but makes little sense for the government
Construction shutdown delays ‘significant number’ of social housing projectsHousing minister Darragh O’Brien assessing whether target of directly building 9,500 social homes this year can be met
Clúid set to build on link-ups with international pension fundsThe social housing body’s business director says the government cannot pay for all the affordable homes in the country
Independent audit to be carried on housing construction costs paid by Dublin City CouncilThe inquest has been launched following a Business Post report that council executives were concerned a ‘premium price’ was being charged to the local authority
Seven Dundrum apartments leased for social housing have been empty for 17 months The apartments are costing the local authority an average of €2,000 a month each
No independent valuation for €2k social housing rents Dún Laoghaire-Rathdown County Council signed 25-year lease on 87 Dundrum apartments for use as social housing without seeking opinion other than developer’s on rent levels