Plans for super-affordable housing a ‘gimmick’

LABOUR yesterday dismissed as a gimmick the Government’s announcement it was considering a new category of affordable housing to help those unable to afford a mortgage.

Housing Minister Noel Ahern said he was devising plans for “super affordable” housing, aimed at those earning approximately €25,000 a year.

The proposed scheme would compliment the existing affordable housing scheme, under which first-time buyers, with incomes of €40,000 or less, qualify for homes made available by local authorities at prices significantly below their market value.