This page relates to the Croí Cónaithe (Cities) scheme. This scheme is a fund to support the building of apartments for sale to owner-occupiers.
The Croí Cónaithe (Cities) Scheme is a fund to support the building of apartments for sale to owner-occupiers. The Scheme aims to bridge the current “Viability Gap” between the cost of building apartments and the market sale price (where the cost of building is greater).
A key national policy objective under Housing for All, the Government’s national housing plan to 2030, is to build more homes within our cities and towns, resulting in compact growth and vibrant, liveable cities. This will help to tackle climate change, reduce vacancy and dereliction and help to meet the strong demand for urban living.
Funding for Croí Cónaithe (Cities) Scheme will only be made available for suitable apartment developments where there is a demonstrated viability gap. Unless bridged, this gap will lead to the apartments not being built or being built but not available for purchase by owner-occupiers. Open book accounting will be required for all developments to make sure that the funding support provided only targets the viability gap in question resulting in a reduction of cost for home-buyers and increased supply into the market.
The Scheme will be managed and administered by The Housing Agency on behalf of the Department of Housing, Local Government and Heritage. The Housing Agency will receive proposals for developments via e-tenders. It will assess eligibility and carry out detailed due diligence and an open book assessment on eligible proposals.
Expressions of Interest
The Housing Agency is pleased to welcome proposers to the Second Expression of Interest for Croí Cónaithe (Cities). Proposers are invited to submit proposals via eTenders. The deadline for receipt of proposals is no later than 5pm on 22nd September 2023. It is the sole responsibility of the proposer to ensure their submission is received by the stated deadline.
The Croí Cónaithe (Cities) Scheme Expression of Interest (EOI) Application Form can be accessed through the eTenders platform: Crói Cónaithe (Cities) Second Call - eTenders. Please note that the eTenders web platform is being used for its functionality only and it is acknowledged that this EOI process is not a public tender. Please feel free to contact our dedicated Croí Cónaithe (Cities) Scheme team at the Housing Agency on +353 (0) 1 656 4100.
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