Sixteen three-bedroom duplex homes are being offered for sale by South Dublin County Council under a pilot affordable dwelling purchase arrangement. These homes are being made available for mortgage approved, first-time buyers only. The affordable purchase price to be paid will be linked to applicant(s) income (and savings where relevant) and mortgage capacity – the minimum price payable will be €245,600 and the maximum price payable will be €285,300.
Online applications may be made between 12 noon on Tuesday 1st March 2022 and 4.00 p.m. on Friday 11th March 2022. Purchasers will enter an affordable dwelling purchase arrangement with South Dublin County Council whereby the Council will be entitled to an equity share in the house equal to the percentage discount from market value.
Eligibility for this pilot scheme will be on the following basis: Applicants must have three or more people in their household, Applicants must be first—time buyers and have mortgage approval and Total applicant household income must be €73,362 or less. In addition, a minimum of 50% of these homes will only be available to applicants who are living in the South Dublin administrative area for a minimum of twelve months.
The order of allocation of these homes will be selected at random by a draw of all eligible applicants. Selected applicants will be required to verify their application details before being offered the opportunity to purchase a property. The provision of affordable homes is a key part of South Dublin County Council’s Housing Delivery Action Plan (HDAP), which outlines details of proposed social and affordable housing delivery for 2022-2026. During its lifetime, HDAP shows the planned delivery of 2,730 affordable homes across the County as well as 3,707 new social homes.
The Kilcarbery development is just one site where the Council is working to deliver affordable homes in South Dublin County. The Council has put plans in the pipeline to deliver 620 new homes at Killinarden in Tallaght. The integrated mixed tenure five-year development is heavily weighted towards the provision of affordable purchase homes with 60% of the development is projected to sell for an average of €250,000 or less per home, with 20% to be delivered as social housing.