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:
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