Tenants in properties acquired by the State are yet to see reduced rents, 18 months into scheme

The latest data from the Housing Agency shows that despite a scheme being launched in April 2023, no tenants have been placed on rents below market rates.

Sinn Féin spokesperson on housing Eoin Ó Broin said that these properties are not being purchased by AHBs for multiple reasons, including the high maintenance costs associated with them, as well as the houses being located too sparsely apart. Picture: Sasko Lazarov/RollingNews.ie

No rental properties acquired by the State have been transitioned to cost-rental properties since a new scheme was introduced by the Government over 18 months ago.

The latest data from the Housing Agency shows that despite the scheme being launched in April 2023, no tenants have been placed on rents below market rates.