Social housing price caps need to be dropped for docklands - News Summed Up

Social housing price caps need to be dropped for docklands


Local authorities need to be allowed to break Department of Housing funding caps to secure social housing in the docklands and other affluent areas of the capital, a senior Dublin City Council official has said. It emerged this week that there will be no social housing in property investment company Kennedy Wilson’s new Capital Dock apartment scheme on Sir John Rogerson’s Quay, and that just 1 per cent of social homes designated for the docklands have been provided because of high costs. Changes made in 2015 mean councils can no longer take cash from the developer instead of social housing, but they can take homes or land at another location. “In relation to Dublin 2, 4, 6 and 8 a special case needs to be made for the provision of social housing,” Mr Flynn said. Just 26 apartments have been provided for social housing in the docklands in the last five years.


Source: The Irish Times February 08, 2019 00:56 UTC



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