The Housing Alliance welcomes the amendments contained within the Calf review published yesterday by the Department of Housing, Planning and Local Government. Social Housing schemes can now be built anywhere in the country in partnership with Local Authorities, and previous viability issues and blockages have been considered and improved. This should enable a greater delivery of Social Homes over the coming years.
In relation to long term funding for Larger Approved Housing Bodies, priority needs to be given to addressing the 100% debt funding required to deliver every social and cost rental home. This will have a natural limit on our delivery as gearing levels and constraints will be breached. This will inhibit the supply of social and cost rental housing in Ireland. The Housing Alliance are calling for an element of Grant/Equity Funding as a part of the no cost solution that will alleviate this significant issue and deliver more social and cost rental homes.
John Hannigan, Chair of the Housing Alliance commented:
“There is important work to do in the delivery of social homes this year and in the coming years. This review will help to ensure that the targets for Approved Housing Bodies are attainable and that much needed homes across Ireland are delivered in partnership with Local Authorities and the Department of Housing.”