Plans to announce a €30 to €40m deal to provide 88 apartments at Cork city’s Lancaster Quay for cost-rental and social homes were pulled at the last moment as the Government confirmed delays in its Housing for All programme. Taoiseach Micheál Martin had been due to announce today that 73 cost rental apartments and 15 social homes were to be built by O’Callaghan Properties (OCP) next to its completed blocks at Lancaster Quay. The deal with housing body Clúid, which is set to provide Cork’s first cost rental scheme where rents typically are 25% less than market rents, has a provisional timeline for completion by the end of 2022. Fifteen others will be made available under social housing provisions, it is understood. Eligibility for cost-rental housing includes people earning less than €53,000 a year, who do not qualify for or are not in receipt of any social housing supports and those who don’t already own a property.

Source: Irish Examiner July 23, 2021 19:30 UTC