The Housing Action Plan Report is due for Public release next Tuesday. The main body of the report will outline a state fund plan to buy distressed properties from banks and a pledge to build 45,000 new social houses by 2021

Building Site 1

The report is also expected to include:

  • Plans to build “mixed tenure” housing on public land
  • To speed up the planning process for social housing
  • To establish a “procurement centre of excellence” in the Housing Agency
  • Acknowledgment that the State must intervene in the housing crisis
  • €200 million local infrastructure housing activation fund
  • Local authorities will be empowered to pay developers upfront for Part V social housing, rather than wait to pay on delivery
  • A new special-purpose vehicle will be established to provide finding for social and private housing projects
  • Long-term investors, such as pension funds, are to be invited to develop a build-to-rent sector, a new concept in Ireland (Seen in action recently with Hines and Shannon Homes)

More Detail in Irish Times article