I propose to take Questions Nos. 60 and 116 together.
The clear focus of this Government is to increase the supply of new build social and affordable homes. This is key to addressing the housing challenge and in particular preventing and ultimately eliminating long term homelessness, and that unquestionably must be the priority for all local authorities.
The social housing PPP programme was announced in 2014 aiming to deliver circa 1,500 units in three phases (Bundles 1 –3) with 25-year maintenance and tenancy management commitments before transferring to local authorities. In 2021, the Housing for All plan extended the initiative, identifying Bundles 4 –7 to deliver approximately 2,850 additional units.
Bundles 1 & 2 completed in 2021 delivered 999 new social homes across 8 counties.
Bundle 3 targeted the delivery of a further 486 social homes across 6 sites in 4 Local Authority areas. Legal proceeding have issued in relation to this matter and as this matter is now before the courts, it is not appropriate to make any further comment.
I have asked my Department to initiate, with the help of the NDFA, a review of PPP Bundles 4 to 7 to consider potential options and determine the optimal procurement and delivery strategy for the Exchequer.