The rents are targeted at a minimum of 25% below open market value.
Applications are now open for 40 new cost rental homes in Kildare Town.
Walker’s Gate is a development with 40 three-bed homes and located just a few minutes from Kildare Town.
Availability is from the end of November 2022 at a monthly rent of €1,272.
Applications can be made on the Tuath website from today and the portal will remain open for 7 days.
Under the Government’s Cost Rental Scheme, rents are targeted at a minimum of 25% below open market value.
This development will enable more middle-income households in Kildare South to access high-quality, secure homes close to their work and community.
In addition to below-market rates, residents will also be provided with long-term security of tenure.
Fianna Fail Senator Fiona O’Loughlin commented:“The Cost Rental Scheme, which is a key element of Fianna Fail’s Housing for all strategy, will mean rents are targeted at a minimum of 25% below open market value, with prices for The Paddocks homes starting at €1,000 per month – approx.
"25% to 30% below local market rates. Key to this is the fact that residents will also be provided with long-term security of tenure.”
“Housing is an acute need in South Kildare, and we need to provide people with long term secure tenancies in high quality homes. Cost rental does that," she added.
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