This new housing tenure offers a long-term, secure rental option that will contribute to the development of a healthy housing market in Ireland. The rent is based on the cost of building, managing and maintaining the homes which means it is an affordable housing option.
The first scheme is located at: Woodside, Enniskerry Road, Stepaside, Dublin 18
2 bed apartment – €1,200 per calendar month
The deposit is €1,150
The apartments are unfurnished; They will have flooring, blinds and white goods (fridge/freezer, dishwasher, oven & hob, microwave, washer/dryer)
Flooring coverings will be laminate flooring.
They will be ready to move in by mid – November 2021.
The tenancy is for an initial period of 6 years. Provided there are no issues with breach of tenancy or rent arrears, it will automatically rollover after that. These properties are a long term rental option that offer security of tenure.
No. These properties will not be available to purchase.
To be eligible, you need to be able to prove the following;
Net household income is calculated by adding together the net income for each household member aged 18 years and over. Net income means that income tax, universal social charge, pension related deductions and PRSI are deducted from the relevant gross assessable income.
We will carry out an affordability test to ensure your rent charge is not more than 35% of your net household income. In the event that it is higher, we will give you the option to evidence, that based on your current income you have paid the same rent or higher, for the preceding two years without defaulting.
You can apply on the website and following the ‘register here’ tab . This is the only method to apply, applications cannot be made by post or over the phone. Or see a direct application link here.
No, one application per household only is permitted. Anyone applying multiple times will be disqualified from the lottery.
You should apply for the size property that matches your needs. We will seek not to under or over occupy properties. Set out below, are the guidelines we will be adopting:
We will not consider an application that will lead to over occupation of a property. Over occupation is where more than two children are occupying one bedroom per household.
We want to make sure that cost rental homes are allocated in the fairest and most transparent way possible. This will involve a lottery system via our website. Every application for each unit type will be entered into a lottery for random selection. If your name is chosen from the lottery, we will make contact with you to submit your documents so that we can verify you are eligible for a cost rental unit. If you qualify, we will then arrange an interview and viewing of the property.
The lottery will be run once the advertising of the properties has ceased. This is operated by an external agency with full audit trail for transparency. The lottery will create at random; a list of all applicants and we will approach applicants from the top of the list.
If your name is chosen from the lottery, the following documents will need to be submitted;
Please have these documents ready when you register your interest. If your application is successful, you will have 48 hours to upload your documents and complete the application process
If your name is chosen from the lottery, you will hear from us within five working days after the closing date.
Yes, we will notify all applicants whether they are successful or not.
No – We will not be holding a waiting list for cost rental housing. You will be able to apply again when schemes are advertised.
No. You cannot transfer or apply for a cost rental tenancy if you receive social housing supports.,