Dáil Éireann Debate, Thursday - 30 May 2024
71. Deputy Richard Bruton asked the Minister for Housing, Local Government and Heritage if he will outline the pipeline of projects under Project Tosaigh and under the croí cónaithe cities fund and their capacity to deliver affordable homes for purchase. [24416/24]
View answerThe Land Development Agency was established with a focus on managing the State’s lands to develop new homes and regenerate under-utilised sites. It has also been tasked with unlocking stalled, private, planning-consented developments in the shorter-term through Project Tosaigh, its market engagement initiative.
The LDA are projecting that Project Tosaigh will deliver 5,000 new homes to eligible households by the end of 2026. Close to 2,500 social, affordable purchase or cost rental homes are already either delivered, contracted or approved to proceed within the LDA to date under Project Tosaigh's first phase.
A procurement process to establish framework agreements with a panel of developers under Phase 2 of Project Tosaigh is also underway, with the sites of the first tranche of homes to be delivered to be confirmed once that process concludes, providing additional delivery under Tosaigh.
The Croí Cónaithe (Cities) Scheme supports the provision of apartments for sale to owner occupiers in the heart of our cities. It also supports the government’s aim of compact growth and tackling climate change by providing housing in our urban cores.
Government has allocated some €450m to deliver up to 5,000 apartments for sale to owner occupiers by activating uncommenced planning applications in our cities. To date, five contracts have been signed to deliver 582 apartments. The scheme is now gaining momentum and further agreements are in progress under the initial calls and another call under the scheme will be announced over the Summer.
