Dáil Éireann Debate, Tuesday - 24 September 2024
238. Deputy Duncan Smith asked the Minister for Housing, Local Government and Heritage if the serviced site funding which was approved in principle by his Department in 2021 to Fingal County Council for €10,478,400 in Ballymastone, Donabate has been drawn down by the planning authority; and if he will make a statement on the matter. [37773/24]
View answerFunding approval-in-principle of €10.5m approximately is in place under the Serviced Sites Fund (SSF) towards the provision of enabling infrastructure by Fingal County Council to facilitate the delivery of 238 affordable homes at Ballymastone, Donabate between 2024 and 2028.
89% of the above SSF funding will be met by the Exchequer through my Department's Vote with the remaining 11% made up by a Local Authority contribution.
Final approval and drawdown of funds for this project, at the appropriate time, will be subject to confirmation that all relevant SSF requirements have been met, not least in relation to the affordable homes being made available to eligible purchasers at a discounted price at least 15% below their open market values.
When the Affordable Housing Fund replaced the Serviced Sites Fund, local authorities were informed that applications could be made to the Affordable Housing Fund for SSF approved projects and, if approved, AHF support could replace SSF approvals. This option remains open to Fingal County Council to support the delivery of affordable homes in Ballymastone.
My Department liaises with Fingal County Council on an ongoing basis in relation to funding and other arrangements relevant to its overall affordable delivery programme, including the Ballymastone project, which I understand continues to progress to plan.
