Almost €35bn needed to build enough social homes to house people on waiting lists, study finds

In Cork City, the study estimates there would need to be almost 6,000 new social homes to meet the ongoing need in the area. File picture

Almost €35bn would be needed to build enough social housing to accommodate those on waiting lists and accessing the Housing Assistance Payment (Hap), a new Oireachtas study has found.

The Parliamentary Budget Office has said there are currently 115,425 households who have an "ongoing need" for social housing, including the 58,824 on local authority waiting lists and the 56,601 accessing Hap.