LATEST: New “Cost Rental” apartments in Kildare going for cheap rent

The Land Development Agency (LDA) is to launch the application processes for over 600 new cost rental homes in the coming weeks.

The 621 homes are all cost rental apartments and are being delivered through the LDA’s Project Tosaigh initiative.

They are being made available across four locations in Dublin and Kildare providing eligible applicants with the opportunity to secure a new home at rents that are at least 25% lower than market rates.

A total of 52 apartments are available in Harpur Lane in Leixlip, Co Kildare.

Rents at Harpur Lane are €1,357 for a one-bed and €1,585 for a two-bed.

An initial application process opens on Monday, January 15th and runs for a week to Monday, January 22nd.
 

Harpur Lane, Leixlip, Co. Kildare: 

Breakdown of apartments: 52 apartments,  21 x 1-bed and  31 x 2-bed units.

Rents: €1,357 for a 1-bed, €1,585 for a 2-bed.

Note: As Harpur Lane is in Leixlip and outside Dublin, a household’s net income must be lower than €59,000 to qualify.

Applications will open for each of the developments soon with the first starting on January 15th.  The homes are located in Hansfield in Dublin 15, Citywest in west Dublin, Kilternan in Dublin 18 and Leixlip in Co Kildare. This is the first time that Project Tosaigh homes have been made available in Kildare. 

Would-be applicants are advised to familiarise themselves with the eligibility criteria and to prepare the documentation they will need if their application is successful through the lottery process. They are also being advised to closely monitor the LDA’s website to ensure they remain informed of the application process and the exact timings for each application window.

Created under the Affordable Housing Act 2021, cost rental offers a long-term secure rental option at below market rates for would-be tenants who do not qualify for social housing but who cannot access the private market without support. Applicants for cost rental homes must have a net household income of below €66,000 in Dublin and €59,000 outside Dublin.

The details of the cost rental homes being made available are as follows:

A total of 247 homes at Barnwell Point Apartments in Hansfield in Dublin 15. Rents at this development range from €1,050 for a studio, €1,225 for a 1-bed apartment and €1,400 for a 2-bed apartment.  An initial application process will open on Thursday, January 18th and close on Thursday, January 25th.
 

A total of 236 apartments at The Quarter in Citywest in west Dublin with rents of €1,390 for a 1-bed, €1,580 for a 2-bed and €1,750 for a 3-bed. Applications open on Wednesday, January 24th and close on Wednesday, January 31st.
 

A total of 86 apartments in Dun Óir in Kilternan in Dublin with rents of €1,300 for a one-bed apartment and €1,450 for a two-bed. The application date and process for this development will be announced on the LDA’s website in the coming weeks.
 

In addition, the LDA is also launching…