On March 31, 2025, Minister for Housing, Local Government and Heritage James Browne announced a major investment of €436 million to address Ireland’s growing social housing needs. The funding includes €111 million for 82 new-build projects, providing over 1,300 homes, and €325 million allocated to support the Social Housing Second-Hand Acquisitions Programme, focusing on critical housing for vulnerable groups.
New-Build Housing Initiatives
The €111 million for new social housing will help deliver 1,325 homes between 2025 and 2027, with 575 homes expected to be completed this year. These projects will be spread across various locations, including:
- 542 homes in Dublin
- 234 homes in Cork City and County
- 231 homes across counties such as Mayo, Clare, Galway, and Tipperary
Minister Browne emphasized that this funding is part of the government’s broader goal to build 12,000 new social homes annually until 2030, a key aspect of the government’s strategy to combat long-term homelessness and increase overall housing supply.
Second-Hand Social Housing Acquisitions
In addition to the new-build projects, the €325 million for second-hand acquisitions aims to address immediate housing needs, including the prevention of homelessness. The funding will focus on:
- Tenant-in-Situ Acquisitions, aimed at securing homes for tenants already at risk of homelessness
- Acquiring homes for older people and individuals with disabilities
- “Buy and Renew” acquisitions, targeting vacant properties to bring them back into use
Minister Browne highlighted the government’s commitment, noting that nearly 7,000 second-hand homes have been purchased since 2020 at a cost of €2 billion, and the acquisition programme continues to play a crucial role in providing secure housing for those most in need.
Supporting Local Authorities
Local authorities will have the flexibility to direct these funds toward the most urgent needs in their areas, ensuring tailored responses to local housing shortages. The flexibility in the second-hand acquisitions programme aims to address specific community demands effectively.
Minister Browne’s Statement
Minister Browne reaffirmed the government’s dedication to solving the housing crisis: “This funding is a significant step towards addressing our housing challenges and ensuring long-term solutions, particularly for those at risk of homelessness,” he stated.
With this substantial funding, the government aims to make notable strides in alleviating housing pressure in Ireland, prioritizing both new builds and the strategic acquisition of second-hand properties. These measures will help create a more inclusive and sustainable housing system for the most vulnerable citizens.