Rent Policy 2016
Rent Policy 2016
Some changes have been made to our differential rent policy. This is our first significant review since 2006. The new process applies to the 2016 rent assessment, effective 4th April 2016, is as follows
Capital Assistance Scheme
Rents are determined by taking into account the tenant’s means and the cost of providing and maintaining the dwelling. The minimum rent contribution payable by each tenant is €30 per week.
Local Authority Differential Rent Scheme
In some schemes not owned by Tuath Housing, rents are calculated according to the Local Councils Differential Rent Scheme.
Capital Loan and (Rental) Subsidy Scheme
This scheme applies to properties owned by Túath where tenancies are allocated to applicants eligible for local authority housing and where Túath’s differential rent scheme is applied. Details of the scheme with effect from 4th April 2016:
No minimum rent.
New maximum (core) rent of €99 per week.
All persons apart from the principal tenants(s) with an income, living in the home contribute €10 per week (except children under 18 or an adult under 23 in full time education) apart from persons aged under 26, where it is then reduced to a contribution of €5 per week.
Child maintenance payments are included for the purposes of income for calculating the differential rent.
Allowances for fostering children are included for the purpose of calculating the differential rent.
Rent will be assessed on the total net household income, for everyone living at the property, regardless of who is listed as the tenant(s) on the tenancy agreement.
The principal earner is defined as the person (tenant or other resident) who is in receipt of the highest assessable income. For couples whether married or common law, partner, joint tenants, etc, both incomes will be added together for principal earner purposes, i.e., spouses/partners will not be classed as subsidiary earners.
A subsidiary earner is defined as a member of the household, other than the principal earner with an assessable income.
Child maintenance payments are included as household income
Income assessed for rent will be rounded down to the nearest 10c.
Items included as assessable income:
– · Employment including self-employment
– · Social insurance / social assistance payments
– · Health board allowances
– · FAS training allowances
– · CE Schemes, Back to Work, VEC Schemes
– · Income from pensions and any other source
– · Family Income Supplement
– · Spouse maintenance
– Child maintenance
– Income from overtime worked
– Allowances for fostering children
Items excluded from assessable income:
– Living Alone Allowance
– Child Benefit
– Orphans Allowance and Orphans Pension
– Allowances for domiciliary care of disabled children
– Carers Allowance
– Allowances / assistance received from any charitable organisation
– Dietary and Mobility Allowances
– Christmas bonus payments from the Dept. of Social Welfare
– Heating and fuel allowances
Income from self-employed persons, e.g. taxi drivers, builders, etc. is assumed to be between €500 and €600 if proof is difficult to obtain, subject to an individual assessment carried out by the Director of Housing Services, and rent is then calculated accordingly.
A deduction of €2 is made for each dependent child up to the age of 22 if in full time education & without a source of income.
If you have any queries on the above please contact your Housing Officer.
February 25th, 2016