180 Cost Rental Homes Announced For South Kildare

Tuesday, 8 February 2022 10:05

By Caoimhe Harney

In Newbridge and Kildare Town.

180 cost rental homes will be delivered for South Kildare, and are expected to be delivered in 2022.

Some 90 cost rental homes will be delivered in The Paddocks, 50 homes in Belin Woods in Newbridge and 40 homes in Walkers Gate in Kildare Town.

Senator Fiona O’Loughlin commented:“Cost Rental is a new form of tenure in Ireland where tenants will pay rent that covers the costs of delivering, managing, and maintaining the homes only.

"Cost rental homes are targeted to middle income households with a reduction of at least 25% on open market rental values.

"Cost rental offers you a long-term, secure tenancy that is more affordable for families.

“The exact details of how to apply and when they will come on stream are not fully available at this early stage, but the assurance that they will go ahead with a target completion date of 2022 has been secured.

"Applications will be managed through a third party, and to qualify you have to earn under €53,000 and not be receiving social housing supports. Successful applicants will be decided by lottery, and this allows for all eligible parties to be assessed equally and fairly.

"The initial tenancy term is 6 years, with an option for a longer-term extension.

"Affordability is an issue for us in Kildare South, and I believe cost rental would be a good fit for us here," she added.

Senator O' Loughlin spoke with Clem Ryan on Tuesday morning's Kildare Today:

More from Local News

Call For Sanitary Bins In Men’s Toilets To Support Prostate Cancer Survivors

Audio

Each year, around 4000 men in Ireland are diagnosed with the disease, with research from PHS and the Irish Cancer Society finding more than half of men with incontinence feel anxious because of poor toilet facilities.
Own-Brand Foods Often Produced By Same Factories As Big Labels, Says Money Doctor John Lowe

Choosing own-brand products can also save money, with Lowe noting that many supermarket labels are produced by the same manufacturers as well-known brands.
Kfm Strengthens Position As Kildare’s Most Listened-To Station, According To Latest Ipsos/MRBI Report

Kfm CEO Clem Ryan said: “This latest research is a major reflection of the power of local radio, which showcases local issues , and where advertisers reach their target customers in real time."
Quarter Of Uisce Éireann Staff Earned Over €100k Last Year

Audio

Officials from Uisce Eireann are appearing before the Public Accounts Committee, outlining the company’s financial statements for 2024.
Meath Bird Flu Case Prompts Warning, But Chicken And Turkey Safe To Eat, Says Agriculture Minister

Audio

After confirmed cases in Carlow and Cork, the Department of Agriculture is imposing a mandatory order for all poultry and captive birds to be kept indoors from next Monday.
One-Month Road Closure In Catherinestown To Start Next Week To Facilitate Maynooth Pipeline Works

The road will shut from the junction with the L5050 at Catherinstown to the L1015 at Kellystown from November 10th to December 6th.
Commuter Chaos On M7/N7 Renews Calls For Standby Emergency Response Team During Morning Gridlock

Minister for Public Expenditure and Infrastructure Jack Chambers said he would ask Transport Infrastructure Ireland (TII) and the Minister Of Transport to better resource the response to certain incidents.
Thousands Of Workers Could Get Tax Back In Time For Christmas, Says Financial Advisor

People can also claim on GP visits, prescriptions and rent - along with flat rate expenses for certain professions.