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ARTICLE · 25 AUGUST 2023

Latest Government Measures To Reduce Cost Of Developing Housing

Matheson
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In response to increased demand for housing in Ireland, the Irish Government have approved a number of measures as part of its 'Housing for All Action Plan' which aim to help reduce the cost of developing housing.

IrelandReal Estate and Construction
Sally Stone
Sally Stone
Shelley Kinsella
Shelley Kinsella
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In response to increased demand for housing in Ireland, the Irish Government have approved a number of measures as part of its 'Housing for All Action Plan' which aim to help reduce the cost of developing housing. One such measure is a temporary, one year waiver of development contributions due to local authorities for permitted residential developments (the "Temporary Waiver Scheme") and a refund scheme in respect of Uisce Éireann standard connection charges for those developments (the "Uisce Éireann Refund").

Temporary Waiver Scheme

The Temporary Waiver Scheme applies to all permitted residential developments which commence on site between 25 April 2023 and 24 April 2024. A hard deadline for the completion of the residential development has been set at 31 December 2025. Failure to complete development by this date will lead to the developer being required to make a full repayment of the development contribution that has been waived.

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