95 affordable homes for Mallow
Prices for a new affordable home in Mallow will start from €260,000 it was confirmed recently as details emerged about a new housing project in the area.
95 affordable purchase homes in Clonmore, Ballyviniter are set to be delivered by the Land Development Agency (LDA) under its Project Tosaigh initiative, through which the agency expects to source almost 1,000 homes nationwide by year-end as part of its first phase.
The development is a joint project with Cork County Council which will manage the application process with prospective buyers and the well-known developers the O’Flynn Group.
Prices will start from €260,000 for 3 bedroom semi-detached houses and €280,000 for 4 bed semi-detached houses, with buyers able to get support for up to 25% of the cost through the Government’s affordable housing fund, under Housing For All.
The application process for the 1st tranche of 38 homes will open on 24 October with 22 of the homes ready to be occupied in 2022 and the balance to be completed in 2023.
Minister for Housing Darragh O’Brien TD said: “The announcement of this affordable purchase scheme in Mallow demonstrates the progress the LDA is making in accelerating the delivery of affordable housing.
“The Clonmore scheme is the first of what I expect to be several announcements before year-end that will show the policies we are implementing will ensure that people can achieve the dream of homeownership and have their own home for life.”
John Coleman, CEO of the Land Development Agency, said: “Project Tosaigh provides an important mechanism for the LDA to accelerate the delivery of affordable housing by supporting housing construction on private lands in collaboration with Cork County Council and the O’Flynn Group. We intend to source close to 1,000 affordable homes by year end through this approach, thereby substantially increasing our delivery capability in the short-term.
“Whilst our longer-term approach continues to focus on publicly owned land, the LDA is delighted to be in a position to act as a catalyst to speed up the delivery of affordable homes, with the security of knowing that all homes will be either retained in public ownership for cost rental or made available for households to purchase on an affordable basis.”
Mayor of the County of Cork Cllr Danny Collins said: “There is a huge demand for housing in the county, and Cork County Council is delighted to be partnering with the LDA and the O’Flynn Group to deliver this much needed affordable housing. We are looking forward to launching Clonmore for applications from the public shortly, and we expect very strong demand for these beautifully designed houses, which are finished to the highest level, adjacent to the town centre and a wide range of public amenities.”