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Galway Bay FM 4 May 2021 print Galway Bay fm newsroom – Affordable houses in Galway City will be capped at €400 thousand under the Government’s affordable housing scheme. It’s the second highest cap in the country behind Dublin City and Dun Laoghaire, alongside Fingal, South Dublin, Wicklow and Cork City. Meanwhile, affordable houses in Co. Galway will be capped at €350 thousand under the scheme. The lowest cap would be €225 thousand in counties Cavan, Donegal, Leitrim, Longford, Mayo, Monaghan, Sligo and Tipperary. The figures still have to be finalised with the Central ...

The Minister for Housing, however, has said the scheme will help young prospective homeowners out of a “rental trap”.

3,000 first time buyers to benefit from new affordable housing scheme 31st January 2021 - Emer Higgins, TD A new plan for affordable housing where the State provides equity support should help 3,000 individuals or families in getting a new home, a Fine Gael TD has said. Emer Higgins, a member of the Oireachtas Committee on Housing, Local Government and Heritage , said the Affordable Housing Bill 2020,  which was recently published by Minister for Housing Darragh O’Brien, could help bridge the affordability gap and boost supply in the provision of new homes. Deputy Higgins said,...

Buyer resolve and State aids will drive new home sales The new homes market has been remarkably resilient during the pandemic but latest lockdown will add to supply woes Fri, Jan 29, 2021, 06:00 Gavan Ryan There’s a new focus among developers on delivering practical and well-designed workspaces within each property. Photograph: Gareth Fuller/PA Wire   So here we are again, restricted by a Level 5 lockdown. Many of us are working from home (cursing not having invested in ...

A couple earning average wages still cannot afford even the cheapest new apartments in Dublin according to a study.