Minister approves Ireland's first cost-rental homes

Housing minister Darragh O'Brien said that the cost-rental homes will be made available to middle-income households.

The housing minister has given approval for Ireland’s first cost-rental homes.

Some €35m was made available in Budget 2021 to Approved Housing Bodies (AHBs) to deliver approximately 350 cost-rental homes in 2021 at rates which are a minimum 25% below open-market values.