Budget 2019: Ireland Needs Transformative Affordable Rental Housing

Tuesday, 9th October 2018
Ireland Needs Transformative Affordable Rental Housing
-No new affordable rental measure in Budget 2019-
The Irish Council for Social Housing (ICSH) has questioned the merits of today’s affordable housing proposal and has said that the Government’s failure to introduce an affordable rental scheme is evidence of a lack of vision and housing policy that is failing to evolve. The Programme for Government 2016 committed to introducing a new model of affordable rental housing and this has not been delivered.  
Speaking after the budget statement today, Chief Executive of the Irish Council for Social Housing, Dr Donal McManus said: “Budget 2019 affordable housing purchase proposals will provide relief for a percentage of households. However, the real requirement is for affordable rental accommodation. This Budget could have been a watershed moment for Irish housing policy with the potential to kickstart a fresh approach and new thinking on housing if a significant programme for affordable rental accommodation had been introduced alongside these measures” said Dr McManus. 
The ICSH recommend that the new affordable purchase scheme should be restricted to areas where housing costs are most acute and where the impact on the wider market will be greatest. House prices are above €200,000 in only 11 Local Authority Areas. Therefore the affordable purchase scheme should reflect this. 
Commenting on the Rebuilding Ireland social housing targets for 2019, Dr McManus said: “Today’s budget announcement for the delivery of almost 10,000 social homes in 2019 is welcome. However, the targets haven’t been increased. Our housing association members are ready to deliver on targets. The current social housing construction pipeline for housing associations is at 6,305, representing almost 40% of the national total of 16,351 (Quarter 2 2018).”
Tuesday, 9 October, 2018