Cost rental housing delay
Deputy Ó Broin said the promised cost-rental scheme had not materialised and highlighted severe Dublin rents and community frustration at St. Michael's Estate. The question was left unanswered in this exchange.
On page 23 of the programme for Government, the Government promised to initiate an affordable cost rental housing scheme last July. The Minister for Housing, Planning and Local Government, Deputy Eoghan Murphy, announced plans for a cost-rental project in St. Michael's Estate in Inchicore. There is growing frustration among the local community that nothing has happened in a year. We saw the daft.ie report this week where average rent in Dublin is between €1,700 and €2,200. One would need a net disposable income of €5,500 to €7,000 a month to be able to afford that. Can the Tanáiste give the House an update on the St. Michael's Estate project and tell us where the urgency is in the Government project to have affordable cost-rental for hard-pressed renters?