Dáil Éireann Debate, Tuesday - 24 February 2026
665. Deputy Eoin Ó Broin asked the Minister for Housing, Local Government and Heritage to provide the STAR allocations to each organisation that has been awarded equity payments under this scheme, with a breakdown by scheme and amount of STAR awarded, in tabular form; and the number of applications from private investors and, separately, the LDA, that have not progressed or have been refused to date. [14570/26]
Amharc ar fhreagraThe Secure Tenancy Affordable Rental Investment Scheme (STAR) provides equity investment to support the delivery of Cost Rental homes, which will benefit from secure tenancies under Cost Rental housing legislation and will be let at a minimum of 25% below comparable market rental levels in high demand urban areas. Both private providers and public bodies are eligible to apply for funding to provide cost rental homes under the Scheme.
Since the inception of the Scheme, approval has been granted for funding totalling €312.19m in respect of ten applications for the delivery of 2,422 cost rental units.
A breakdown of the ten proposals is provided in the table below:
|
Organisation |
Local Authority Area |
No. of Units |
STAR Funding |
|
Land Development Agency |
Fingal County Council |
247 |
€31,616,000 |
|
Land Development Agency |
Kildare County Council |
73 |
€8,541,000 |
|
Land Development Agency |
South Dublin County Council |
236 |
€34,456,000 |
|
Land Development Agency |
Dun Laoghaire – Rathdown County Council |
86 |
€16,770,000 |
|
Land Development Agency |
South Dublin County Council |
184 |
€24,840,000 |
|
Land Development Agency |
Dublin City Council |
210 |
€31,185,000 |
|
Land Development Agency |
Dun Laoghaire – Rathdown County Council |
306 |
€28,735,500 |
|
Land Development Agency |
Limerick City & County Council |
81 |
€9,193,500 |
|
Land Development Agency |
South Dublin County Council |
392 |
€56,448,000 |
|
Land Development Agency |
South Dublin County Council |
607 |
€70,412,000 |
|
Total |
Total |
2,422 |
€312,197,000 |
The assessment of applications on hand is ongoing. For reasons of commercial sensitivity, details of specific proposals for the STAR Scheme cannot be released. However, my Department can confirm that seventeen applications have not progressed to date under the Scheme. Thirteen of the proposals were from private investors and four were from the Land Development Agency.
