Some 5,000 people have applied for the 620 cost-rental apartments the Land Development Agency put on the market last month in Dublin and Kildare. He told the Oireachtas housing committee last week that the LDA was doing “enormous damage to the very idea of cost rental”. Cost-rental properties are aimed at people whose income is too high to qualify for social housing but who cannot afford to buy or rent on the private market. The bank decided to sell it in December 2022, but then entered talks with the LDA about its use for affordable houses. “It’s a fine site that could accommodate around 800 homes.

Source: Irish Independent February 04, 2024 07:55 UTC