Funds provided to local authorities for social houses to fall by €90m next year

Sinn Féin spokesperson on housing Eoin Ó Broin is critical of the funding drop compared to 2023, saying that it is 'unacceptable' considering the record levels of homelessness across the State.
Picture: Gareth Chaney/Collins

There’s set to be a €90m drop in social housing funds provided to local authorities next year, with around 330 less homes likely to be built as a result.

According to the Government’s Budget 2024 estimates, there will be €1.33bn allocated to local authorities to build social housing.

This compares to 1.42bn that had previously been allocated to the Department of Housing in 2023, including a €240m carryover from 2022, due to the Department not spending its entire allocation.

However, the Department of Housing says that until the revised estimates are published later this year – which set out the final funding allocation for each department under Budget 2024 – current allocations may vary.