Fingal County Council has appointed a developer to deliver the first affordable housing scheme in the county in 11 years at Dun Emer in Lusk.
Ó Cualann Cohousing Alliance will oversee the construction of 51 homes, of which 39 will be affordable and 12 will be social housing.
The affordable homes will be available to eligible first-time purchases at prices that will be around 25% below their market value. The 39 units will be a mixture of two-bedroom apartments, three-bedroom duplexes, three-bedroom terraced and three-bedroom semi-detached.
Prices will start from €166,000 for the two-bedroom apartments; from €206,000 for the three-bedroom duplexes; from €250,000 for the three-bedroom terraced; and from €258,000 for the three bedroom semi-detached homes.
To be eligible for the scheme a purchaser must be a first-time buyer, although certain exceptions will apply. The property must be suited to the applicant’s household needs and they must have been resident in Fingal for more than 12 months.
The income eligibility criteria are aligned to those of the existing Rebuilding Ireland Home Loan – up to €50k yearly for a single household or e75k per couple.
Mayor of Fingal, Cllr David Healy, said: “I hope that the process will continue to move quickly as councillors are very supportive of this scheme and are keen to introduce affordable housing into the county.”
Further information on the Dun Emer Purchase Scheme is available from https://www.fingal.ie/affordablehousing
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