CALF funding is capital support provided to Approved Housing Bodies (AHBs) by local authorities to facilitate the funding of construction and purchase of new social housing homes. This loan facility can support between 25% and 30% of the eligible capital cost of the housing project, with the remaining finance sourced by the AHBs from private lenders (usually the Housing Finance Agency (HFA)).
The properties are provided to local authorities for social housing use under long-term lease arrangements known as Payment and Availability Agreements. A nominal interest rate of 2% fixed per annum is charged by the local authority on the initial capital amount.
Repayments on either the capital or interest are not required during the term of the loan (between 10 and 30 years), although where an AHB chooses to, repayments can be made during the term. At the end of the term, the outstanding capital amount plus the interest accrued, is owed and repayable to the local authority. The local authority issues the CALF monies to the AHB and the local authority, in turn, recoups same from the Department.
Since 1 January 2025 to 24 September 2025 the total number of CALF approvals granted is 116.
|
Local Authority
|
Projects Approved
|
|
Carlow
|
2
|
|
Cavan
|
1
|
|
Clare
|
2
|
|
Cork City
|
10
|
|
Cork County
|
6
|
|
DLR
|
3
|
|
Dublin City
|
22
|
|
Fingal
|
7
|
|
Galway City
|
1
|
|
Kerry
|
1
|
|
Kildare
|
8
|
|
Kilkenny
|
2
|
|
Laois
|
4
|
|
Limerick
|
9
|
|
Louth
|
4
|
|
Mayo
|
1
|
|
Meath
|
4
|
|
Offaly
|
1
|
|
South Dublin
|
14
|
|
Tipperary
|
1
|
|
Waterford
|
3
|
|
Westmeath
|
4
|
|
Wexford
|
2
|
|
Wicklow
|
4
|
|
Grand Total
|
116
|