Cost Rental Homes official opening in Kiltiernan

Cllr. Denis O’Callaghan, Cathaoirleach of Dún Laoghaire–Rathdown County Council, welcomed Minister for Housing, Local Government & Heritage, Darragh O’Brien to Kiltiernan Wood, Enniskerry Road for the official opening of the first phase of new cost rental homes delivered on site.

In collaboration with Dún Laoghaire–Rathdown County Council, Tuath Housing has delivered 24 new cost rental homes as part of the initial phase of development. A total of 72 cost rental homes are planned for the site, comprising 63 two-bed apartments and 9 three-bed apartments.

Councillor Denis O’Callaghan, Cathaoirleach of Dún Laoghaire–Rathdown County Council, said: “Today, I am delighted to announce the completion of the first phase of housing at Kiltiernan, a development that will provide much-needed homes for our citizens. Kiltiernan is a vibrant community, and I am sure that these modern, affordable homes will add further to the area. I would like to thank all elected members, and everyone involved for their hard-work and dedication as we continue to deliver safe and secure homes across the County.”

The average rental cost for a two-bed home in the Kiltiernan area is currently €2,400 per month, rising to €3,200 per month for a three-bed. In contrast, the new A-rated, cost rental homes will be offered at significantly reduced rates, with rents set at €1,425 for a two-bed and €1,550 for a three-bed home.

The wider Kiltiernan Wood development will comprise of 203 homes in total and will contain a mix of private-owned, private rental, social and cost rental housing. In addition to the cost rental homes, Tuath has also delivered a further 22 social homes and Dún Laoghaire–Rathdown County Council have delivered 5 social homes via part V agreement, on the same site, and these will be allocated to people from the Dún Laoghaire–Rathdown County Council housing waiting list upon completion.

Frank Curran, Chief Executive of Dún Laoghaire–Rathdown County Council, commented:  “We are proud to collaborate with Tuath on this housing project, which will provide 72 cost rental homes and 22 social homes in Kiltiernan. Cost rental offers a long-term, secure tenancy that is more affordable, and this joint effort will contribute to addressing the housing needs of the local community. We are committed to building new homes in line with our Housing Delivery Action Plan by providing a range of options that respond to the needs of our citizens as our priority.”

Minister for Housing, Local Government & Heritage Darragh O’Brien commented: “This is a fantastic example of a mixed development site and under Housing for All we are focused on there being many more such developments. Cost rental is taking hold across the country and in November alone I approved funding for 1,600 new cost rental homes. Partners like Tuath and Dún Laoghaire–Rathdown are key to our expansion of cost rental and I really want to commend them for progressing this project”, he concluded.

Barry O’Leary, Chief Executive Officer of the Housing Finance Agency (HFA) said: “The HFA is proud to have provided financing to Tuath for these cost rental homes in Kiltiernan and it’s great to be here for their official launch. I’d like to wish the new residents of Kiltiernan Wood every happiness in their new homes.”

Prof. Paddy Gray, Chair of Tuath’s Voluntary Board of Directors was enthusiastic in noting that: “This initiative exemplifies our dedication to providing not just homes but opportunities for individuals and families to thrive. The commitment to affordability, in collaboration with the State, local authorities, statutory bodies, funder and developers, showcases the positive impact that can be achieved when public and private sectors unite for the greater good.”

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