Policy context – national contd.
The next decade will see a renewed focus on the delivery suitable housing in Ireland’s urban centres.
The NDP 2021-2030 provides for the enhancement of existing programs under the previous NDP and the establishment of new investment initiatives to support the compact growth of Ireland’s urban areas.
National Development Plan (NDP) 2021-2030 The NDP 2021-2030 sets out the next public investment program to underpin the implementation of the NPF and support and cater for anticipated growth to 2040. Ireland’s largest ever NDP, it provides €165 billion in funding to address issues around housing, health and climate action and address new challenges and opportunities arising from Covid-19. Housing for All (HFA) – A New Housing Plan for Ireland HFA is an ambitious whole- government strategy that aims to address long- stranding issues in Irelands housing sector around supply, affordability and vacancy. HFA aims to increase new housing supply to 33,000 homes per annum and is to be supported with over €20 billion in funding through the Exchequer, the LDA and the Housing Finance Agency up to 2026.
highlighted the importance of the quality of our urban living spaces and the URDF’s role as a catalyst for the economic recovery and social renewal of our cities in the near future. The NDP also supports the Housing for All Plan and the establishment of the new Croí Cónaithe fund to bolster the delivery of new apartments to the market for sale. Targeted at developments of 4 storeys or more, funding support will be provided according to a competitive bid process so that new units can be built and sold to purchasers at a lower cost. units and hindering homeownership in Ireland’s cities. The fund will support housing developments that meet certain height/density thresholds, so that new homes can be delivered to purchasers at a lower cost than is currently feasible. In order to address vacancy the HFA aims to promote the acquisition of vacant sites by CPO, as well as the activation of State-owned vacant properties by way of transfer to the LDA and placing sites that are suitable for residential development on the market. It is noted that several State-owned sites at the Cork Port are planned for transfer to the LDA.
The NDP provides enhanced supports for social and affordable housing and aims to deliver an average of 10,000 new social homes per annum up to 2030. It replaces the Serviced Site Fund with a Affordable Housing Fund to support the delivery of 54,000 affordable homes in the period up t0 2030. The URDF will be extended to 2030, with additional investment to be provided to further support the regeneration and compact growth of Irelands towns and cities. This will reflect Ireland’s experience of the Covid-19 pandemic, which has
The HFA plan sets out a wide-ranging suite of actions to achieve four key objective for Ireland’s housing sector: • Supporting Homeownership and Increasing Affordability • Eradicating Homelessness, Increasing Social Housing Delivery and supporting social inclusion. • Increasing New Housing Supply • Addressing Vacancy and Efficient Use of Existing Stock
A key measure introduced to help increase new housing supply is the establishment of the Croí Cónaithe (Cities) fund to address issues around the cost and viability of constructing new apartments in urban areas, which is constraining the supply of new Build-to-Sell housing
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