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Dáil

Written answer

Housing Provision

471. Deputy Eoin Ó Broin asked the Minister for Housing, Local Government and Heritage the average cost (both CREL and all-in cost) of the delivery of a cost rental home in 2025. [51389/26]

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James Browne Minister for Housing, Local Government and Heritage Fianna Fáil

Specific delivery costs of delivering cost rental homes by Approved Housing Bodies under the Cost Rental Equity Loan (CREL) scheme are variable given the differing typologies, locations and layouts in each scheme.

The level of CREL funding varies from scheme to scheme in order to obtain cost-covering rents that are both at least 25% below the prevailing market rate for comparable local rental properties and also at a level that is reasonably deemed to be affordable for the target cohort of households. The average cost to the Exchequer for delivery of homes with CREL support, which were delivered in 2025, was approximately €215,049 per home. The average capital cost per home was €392,175.

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