In May 2022, the government announced the establishment of a Housing for All initiative called Croí Cónaithe catering to both cities and towns nationally.
The Croí Cónaithe (Cities) Scheme is to support the building of apartments for sale to owner-occupiers. The Croí Cónaithe (Towns) Scheme is a Vacant Property Refurbishment Grant delivered by local authorities.
What is the Croí Cónaithe (Cities) Scheme?
The Cities Scheme aims to bridge the viability gap between the cost of building apartments and market sale price.
The Cities Scheme will be managed by The Housing Agency with €450m available to support 5,000 apartments over the coming years.
These apartments will be for sale to all owner-occupiers; qualifying buyers can avail of Help-to-buy and First Home Shared Equity.
The areas include Dublin, Cork, Galway, Limerick and Waterford city areas.
For further information on the Cities Scheme, please visit:
https://www.housingagency.ie/CroiConaitheCities
What is the Croí Cónaithe (Towns) Scheme?
The Towns Scheme is a grant of up to a maximum of €30,000 which is available for the refurbishment of vacant properties for occupation as a principal private residence.
Where the refurbishment costs are expected to exceed the standard grant of up to €30,000, a maximum top-up grant amount of up to €20,000 will be available where the property is confirmed by the applicant to be derelict bringing the total grant available for a derelict property up to a maximum of €50,000.
Properties considered for inclusion must be vacant for two years or more and built before 1993.
For further information on the Towns Scheme, please visit:
https://www.gov.ie/en/publication/c2183-croi-conaithe-towns-fund
