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How Can We Help You?
Affordable Housing
Questions and Answers
Not necessarily. Units are sold to meet the needs of applicants but as the number of 1 bedroom units account for less than 10% of the units sold the majority of successful sole applicants have purchased units with 2 or more bedrooms. The council's custom to date has been to keep the number of 1 bedroom units to a minimum and it is planned to continue with this into the future.
There are a mixture of properties available. Applicants have purchased 3 bedroom houses,3 bedroom duplexes,2 bedroom duplexes, 2 bedroom houses, 2 bedroom apartments and 1 bedroom apartments. Over 90% of properties purchased have been either 2 or 3 bedroom units.
Loans will not exceed 97% of the cost of the dwelling or the market value whichever is the less (excluding all grants) and subject to a maximum of €185,000.
The clawback is the difference between the market value of the property and the disposal price at the time of the allocation defined as a percentage.
The date of approval will dictate an applicant’s place on the Affordable Housing Scheme list.
Under both schemes the council may where it considers it necessary for good estate management or in special circumstances (i.e. special needs of an applicant e.g. disability) refuse to allocate a property to a particular applicant or grant overall priority where necessary
Under both schemes the council may where it considers it necessary for good estate management or in special circumstances (i.e. special needs of an applicant e.g. disability) refuse to allocate a property to a particular applicant or grant overall priority where necessary
Each application is examined on its own merits, taking into account applicant’s income and expenditure.
Properties can be purchased by way of a loan from the Local Authority.
There are two loan types currently available from South Dublin County Council
(a) House Purchase Loan (Variable monthly reducing annuity loan)
(b) Shared Ownership Loan (part mortgage part rented
There are two loan types currently available from South Dublin County Council
(a) House Purchase Loan (Variable monthly reducing annuity loan)
(b) Shared Ownership Loan (part mortgage part rented
There are two types of affordable Housing
Type1
This is for properties built on council lands as part of a public private partnership. The land cost is subsidised and the houses are sold subject to a clawback if sold within twenty years.
For the allocation of a house under type1 the applicants must meet the same requirements as currently apply to Shared Ownership Scheme applicants. These are as follows:
He/she is a tenant or tenant purchaser of a local authority house and intends to surrender their existing house to that authority OR
He/she is a person included by a Local Authority in its latest assessment in housing needs under Section 9 of the Housing Act, 1988, or accepted for inclusion in the next such assessment (Council's Housing List) OR
He/she is a tenant of one year’s standing of a house provided by an approved housing body under the Rental Subsidy Scheme and intends to return their house to the voluntary housing body OR
He/she is in need of housing and satisfies the following income test:-
Single income household:
In the last income tax year, gross income (before tax) did not exceed €40,000.00
Two income household:
The eligibility of a household with two earners is determined by a formula, which takes account of the gross income (before tax), in the last income tax year, of the principal (greater) earner and the subsidiary (lesser) earner as follows:
Where two and a half times the income of the principal earner plus once the income of the subsidiary earner does not exceed €100,000.00, the household is eligible.
Type1
This is for properties built on council lands as part of a public private partnership. The land cost is subsidised and the houses are sold subject to a clawback if sold within twenty years.
For the allocation of a house under type1 the applicants must meet the same requirements as currently apply to Shared Ownership Scheme applicants. These are as follows:
He/she is a tenant or tenant purchaser of a local authority house and intends to surrender their existing house to that authority OR
He/she is a person included by a Local Authority in its latest assessment in housing needs under Section 9 of the Housing Act, 1988, or accepted for inclusion in the next such assessment (Council's Housing List) OR
He/she is a tenant of one year’s standing of a house provided by an approved housing body under the Rental Subsidy Scheme and intends to return their house to the voluntary housing body OR
He/she is in need of housing and satisfies the following income test:-
Single income household:
In the last income tax year, gross income (before tax) did not exceed €40,000.00
Two income household:
The eligibility of a household with two earners is determined by a formula, which takes account of the gross income (before tax), in the last income tax year, of the principal (greater) earner and the subsidiary (lesser) earner as follows:
Where two and a half times the income of the principal earner plus once the income of the subsidiary earner does not exceed €100,000.00, the household is eligible.
When applying for a home improvement loan your income must satisfy the following income test:
Single Income Household:
In the last income tax year, the gross income (before tax) should not exceed €40,000.
Double Income Household:
Two and a half times the income of the principal earner plus once the income of the subsidiary earner in the previous tax year should not exceed €100,000
AND
The house is suitable for improvement.
The improvement works are necessary for the purpose of providing suitable housing accommodation.
When the improvement works are carried out, the house will be fit for human habitation.
The house will be used as a dwelling when the works have been completed. ;
In the last income tax year, the gross income (before tax) should not exceed €40,000.
Double Income Household:
Two and a half times the income of the principal earner plus once the income of the subsidiary earner in the previous tax year should not exceed €100,000
AND
The house is suitable for improvement.
The improvement works are necessary for the purpose of providing suitable housing accommodation.
When the improvement works are carried out, the house will be fit for human habitation.
The house will be used as a dwelling when the works have been completed. ;
A person purchasing a dwelling under the Shared Ownership System will have the right to purchase the local authority's share of the ownership and acquire full ownership at any time. Applicants will be required to buy out the full ownership within;30 years. Purchasing of additional shares may be made by paying cash. (Minimum €1000).Details of outstanding balances due on accounts must be requested in writing from the Loan Accounts Section
