Inflation crisis making delivery of social and cost rental homes 'increasingly challenging'

Inflation crisis making delivery of social and cost rental homes 'increasingly challenging'

Respond owns or manages more than 6,500 homes across the country. Its current building programme has a value in excess of €1bn.

A leading approved housing body (AHB) has said the ongoing inflationary crisis, which has seen construction costs hiked exponentially over the past 12 months, is making the delivery of social and cost rental homes “increasingly challenging”.

Housing association Respond said at the launch of its annual report that it currently has 1,422 new social and cost rental homes under construction.

Spokesperson for the body Niamh Randall said Respond is working with the Department of Housing on a review of the structure and operation of the Capital Advanced Leasing Facility funding scheme which aids AHBs in delivering social homes.

The report added that its latest figures indicate that it had provided more than 15% of all social and affordable homes from all AHBs last year.

Respond owns or manages more than 6,500 homes across the country. Its current building programme has a value in excess of €1bn.

Housing Minister Darragh O’Brien, launching the report, commended Respond’s work and said that his overarching Housing For All plan is “focused on increasing the housing supply, in addition to providing a range of affordable purchase and rental measures”.

More in this section

Puzzles logo
IE-logo

Puzzles hub

Visit our brain gym where you will find simple and cryptic crosswords, sudoku puzzles and much more. Updated at midnight every day. PS ... We would love to hear your feedback on the section right HERE.

Text header

From florist to fraudster, leaving a trail of destruction from North Cork, to Waterford, to Clare, to Wexford and through the midlands ... learn how mistress of re-invention, Catherine O'Brien, scammed her way around rural Ireland.

Let Me Tell You

Let Me Tell You is a new bespoke podcast series from 

Logo IE

Hosts Daniel McConnell and Paul Hosford take a look back at some of the most dramatic moments in recent Irish political history from the unique perspective of one of the key players involved.

Bespoke political podcast series from

Logo IE
War_map
Execution Time: 0.229 s