Nearly €2,500,000 of funds have been awarded under the Affordable Housing Fund for affordable homes in the town.
The funding will go towards the construction of 33 affordable purchase homes at The Boatyard, Church Road, Carrigaline, under the Affordable Housing Fund. The homes are expected to be delivered next year in 2023 and will be sold to first-time buyers (and 'fresh starters') at prices from €210,000 to €275,000 depending on type - this reflects a market discount of at least 20%.
Minister O'Brien said, "I was delighted to give approval to these 33 much-needed affordable homes under the Affordable Housing Fund. Increasing home ownership is a priority for this Government and we will significantly scale up our pace of delivery.
"Our 'Housing for All' plan sets us on a pathway to delivering 54,000 affordable homes to purchase and rent by the end of 2030 and reflects our priority of creating a long-term sustainable housing system.
"I know just how acutely the affordability constraints are felt by people, both young and not so young, and the struggle they face in finding a home in their own locality. We have put affordability at the heart of this Government's housing plans and this year will see a significant ramping up of affordable homes for sale and rent - something which we have not seen in this country in over a decade," he concluded.
