The matter of ensuring that sufficient supply of housing is available to buy, particularly in more rural counties, is one the Government is keenly aware of and activating supply and promoting homeownership are key themes in the new housing plan
Delivering Homes, Building Communities, which details measures the Government are taking to bring forward delivery right across the country.
The Plan also details how we will work with key delivery partners, including Local Authorities, Approved Housing Bodies, the Land Development Agency and the private sector. Approved Housing Bodies have been tasked with delivering both social and affordable homes under the Plan.
The Programme for Government outlines that AHBs will focus on reformed delivery models in achieving new targets and activate new supply rather than bulk purchasing developments at the end of the construction process. Applications for funding by Approved Housing Bodies for the acquisition of homes are actively scrutinised by the Local Authority prior to purchase and funding is provided by my Department subject to that support.
Continuing to increase the overall supply of new homes is critical to alleviating pressures in the housing market, helping to moderate price growth and ease affordability challenges across the country, ensuring everyone has a range of housing options available to them, whether they want to buy a house, rent one, or are in need of social housing.