Land Development Agency involvement in Shanganagh will make homes unaffordable - Eoin Ó Broin TD
Sinn Féin Housing spokesperson Eoin Ó Broin TD has expressed “deep concern” with the proposed involvement of the Land Development Agency in the delivery of the Shanganagh public housing project in Dún Laoghaire.
At a briefing for Councillors last night the LDA indicated that its proposal would see cost rents of €1300 per month.
Deputy Ó Broin said:
“Councillors in Dún Laoghaire Rathdown County Council have proposed an innovative public housing project for the Shanganagh Castle site in Shankill.
"The proposal, agreed by the elected members unanimously in 2017 is for a public housing development with social and affordable homes on this public site.
“Despite a majority of Councillors rejecting a proposal to hand the land over to the Land Development Agency earlier this month, Council management have pressed ahead and are engaging with the LDA on the future of this site.
“At a briefing for Councillors last night the LDA outlined its proposal which would see 300 cost rental homes with rents from €1300 per month for two bedroom apartments.
"The idea that the LDA and Council management think that €1300 per month is an affordable rent is a cause for deep concern.
“In order to meet the needs of households on modest incomes of between €45,000 and €75,000 entry rents must be set at between €700 and €900 per month.
“If the cost of Land Development Agency involvement in Shanganagh Castle is unaffordable rents then they should be shown the door.
"Indeed it is not at all clear what the LDA are bringing to the table.
“A much better option would be to allow Dún Laoghaire Rathdown County Council to have access to European Investment Bank funding in the same way as Dublin City Council is funding the public housing development in St Michael’s Estate, Inchocore.
“Minister Murphy must immediately intervene on this issue to ensure that the public interest is protected and the Shanganagh Castle site is used for the delivery of social and genuinely affordable homes.”