Government hoping to deliver 300,000 new homes by end of 2030

September 2, 2021 MyHome.ie by MyHome.ie
Government hoping to deliver 300,000 new homes by end of 2030

The Government is hoping to deliver 300,000 new homes by the end of 2030 under the €4 billion-per-year Housing for All plan.

The plan to ramp up supply in a bid to finally tackle the housing crisis will also include a pledge to end homelessness by the end of the decade.

The Cabinet is to provide the final sign-off on the plan today before Minister for Housing Darragh O’Brien will formally launch it alongside Taoiseach Micheál Martin, Tánaiste Leo Varadkar and Green Party leader Eamon Ryan.

Almost 90,000 of the homes to be delivered are to be social housing, with a target of a further 36,000 affordable properties over the next nine years.

Another 18,000 homes will be designated cost rental, where rents will be at least 25 per cent below the market rate.

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The remaining 156,000 homes – 52 per cent of the total – are to be delivered through the private market.

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