Families who house Ukrainian refugees could be paid €400 per month.
The Finance and Social Protection Minister's have been asked to look into providing some form of allowance to encourage more people to open their homes to those fleeing the war.
The Irish Independent is reporting the €400 payment aims to cover increased costs including utility bills.
Meanwhile Taoiseach Michael Martin says the Ukraine war could create a 'famine crisis'.
"This is a terrible war. It's clear that Putin has created an energy crisis as part of the war.
"It's creating, potentially, a famine crisis, with the attacks on grain silos and the fact that Ukraine is not in a position to export its grain.
"That will create difficulties downstream, and also the migration issue - people see this a weapon, and the pressure it can create on the European continent."