Housing Schemes

Tuesday, 8 July 2025

Questions (502)

Eoin Ó Broin

Question:

502. Deputy Eoin Ó Broin asked the Minister for Housing, Local Government and Heritage the status of the croi cónaithe cities scheme, by a list of the schemes that have or are coming to market under this scheme; the cash value of the CCC subsidy being applied to the purchase of the homes in each of these schemes; and the way in which the grant and attached clawback is being applied. [37084/25]

View answer

Written answers

Minister for Housing, Local Government and Heritage

The Croí Cónaithe (Cities) Scheme supports the building of apartments in urban cores for sale to owner-occupiers. The Scheme aims to bridge the current "Viability Gap" between the delivery cost of building apartments and the market sale price (where the cost of building is greater). Since the Scheme launched, three calls for Expression of Interest have been completed, with a fourth call, which was launched on 11th June 2025, currently underway.

I can confirm that to date, 11 developments, delivering 1,182 apartments have been approved. This represents a funding commitment of up to €144.4m. The total cost of all successful applications is dependent on the final open market selling price of each home. This open market price, along with the open book delivery cost determines the final subsidy amount. The maximum subsidy available for each apartment is €120,000 (Dublin), and €144,000 (all other regional cities, where the viability gap is greater). It is therefore only possible to determine the actual Croí Cónaithe (Cities) subsidy after each apartment sale has fully closed.

Details of the approved schemes are available on the Housing Agency website: www.housingagency.ie/CroiConaitheCities

The Housing Agency continues to assess remaining applications under the previous calls which have the potential to deliver a further 1,500 units.

With regard to the clawback, the scheme is administered by the Housing Agency. Details of how the clawback operates, including a worked example, is included in schedule 2 of the sample contract which is also available on the Housing Agency website at the link provided above.