The 2025 Social Housing Second Hand Acquisitions Programme funded acquisitions to support:
• exits from homeless services;
• persons with a disability, older persons and care leavers requiring urgent housing responses;
• tenancy sustainment – tenant in situ (TiS); and
• Buy and Renew acquisitions tackling vacancy.
Some €289 million was drawn down by local authorities last year under the Programme from an available budget of €375 million. This included the funding for purchase costs (excluding fees and refurbishment costs) for 773 homes, an average of €299,000 per home.
|
Priority Category of Need
|
Average Purchase Cost
|
|
Homeless (incl. Exits & Housing First)
|
€290,000
|
|
Persons with disabilities, older persons, care leavers, &c.
|
€300,000
|
|
Tenancy Sustainment
|
€313,000
|
|
Buy and Renew tackling vacancy
|
€199,000
|
Notably, legal and professional fees, and adaptation and refurbishment costs for these homes, where applicable, have not been included, as they are still being drawn down by local authorities in 2026.