Only four properties in Cork city and suburbs came within standard HAP rates in March – EchoLive.ie

THERE were just four properties available in Cork city centre and suburbs in the month of March which would have come within the standard Housing Assistance Payment (HAP) rate.

That is according to the latest Simon Communities of Ireland Locked Out report.

The report found there were 2,757 properties available to rent at any price within the 16 areas nationally over three dates surveyed in March 2021, including Cork city centre and the city suburbs.

This represents an 8.7% decrease from properties available during the December study.

Overall, there were just 72 (2.6%) instances of those properties coming within a standard HAP rate in one of the four household categories.

The rest of the properties within HAP rates required the discretionary top-up.

The report noted how the Covid-19 pandemic and related restrictions have brought about some change in the Irish private rental market in 2020, however “an underlying chronic lack of affordable supply persists.”

Limerick city centre

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