Vacant Housing Repair and Leasing Initiative
A key component of the Rebuilding Ireland Action Plan for Housing and Homelessness is a new scheme, the Vacant Housing Repair and Leasing Initiative
Please be advised, five new changes have been announced, the following will take effect from Feburary 1st 2018
- LA’s may now enter into Rental Availability Agreements (RAAs) with property owners,
- The minimum lease term has been reduced from 10 to 5 years,
- Extension of the scheme to allow unfinished properties in limited circumstances
- Apportionment of funds between one of more properties
- Additional funding is available for former bedsits
A key component of the Rebuilding Ireland Action Plan for Housing and Homelessness is a new scheme, the Vacant Housing Repair and Leasing Initiative, which targets the delivery of social housing and also ensures that existing housing stock is used to the maximum degree possible. Fingal County Council are progressing the initiative along with Department of Housing Planning Community and Local Government.
The basis of the scheme is that repair and improvement works to suitable vacant properties are funded to bring them up to the standard for rented accommodation and the cost of the works is then deducted from lease payments over an agreed lease term.
There are a number of requirements in relation to the scheme:
- The property has to be vacant
- There has to be a social housing demand for the property
- The property has to be assessed as being viable to provide accommodation
- The scope and cost of the works, and the recoupment of the works cost through the lease payments, are agreed between the owner and Fingal County Council
- The initiative is not available for private renting
Fingal County Council will assist property owners to develop the scope of works and also aid the property owner in the completion of the repair works. Property inspections are carried out by Fingal County Council staff that will identify the works required to bring the dwelling to the required standard. Properties in all areas will be considered. Please contact Fingal County Council Housing Procurement Section for further details or complete and return an enquiry form, available below.
Make an Enquiry:
email: [email protected]
ph: 01 8905451 or 01 8708425