Social housing applicants to get 60% discount

A HOUSING initiative to be launched today will see social housing applicants and tenants able to buy new houses at discounts of up to 60%.

The Incremental Purchase Scheme will allow approved housing organisations to offer new houses for sale for the first time ever.

Social housing tenants and persons who have been assessed as having a housing need will be able to avail of discounts ranging from 40% to 60% of the total cost of a new home depending on income.