On 11 May 2021, the Affordable Housing Bill 2021 was published (the “Bill“). Prior to the release of the Bill, it was evident that the Government was determined to provide measures to accommodate more affordable housing options. The clear aim of the Bill is to address problems associated with the high cost of housing for the portion of the population that do not qualify for social housing.
Affordable Dwelling Purchase Arrangements
Part 2 of the Bill provides for Affordable Dwelling Purchase Arrangements. Section 5 highlights three types of dwellings which these arrangements apply to:
(a) a dwelling made available by a housing authority under Section 6 of the Bill;
(b) a dwelling to which an agreement is made under Part V of the Planning and Development Acts applies and that dwelling is being made available for sale; or
(c) an open market dwelling.
The Bill states that a housing authority
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