We now have serious momentum in the critical delivery of homes across the country
Commencements and completions of homes have been rising, and we have a strengthening pipeline of new homes, including record levels of public housing delivery.
Ireland is delivering new housing at a rate, per head of population, far higher than many of our European peers.
With Budget 2027, we are driving on with what needs to be done to keep homebuilding moving at pace and scale across our towns and cities.
Key Measures
Record housing investment of over €9 billion including €3 billion to deliver 12,000 new social homes
The total exchequer funding available in 2027 for housing is €7.75bn, comprising capital €5.6bn and current €2.2bn.
The capital provision of €5.6 billion will be complemented by investment through the Land Development Agency (LDA) and lending from the Housing Finance Agency (HFA), bringing the total funding for housing in 2027 to €9.1 billion.
€1 billion to support delivery of 15,000 new start homes supports
We are tackling the affordability challenge in housing through our Starter Homes suite of supports, which have increased year on year. For next year, we will be providing over €1 billion to support the delivery of 15,000 new starter home supports in 2027 through measures including the First Home Scheme, Affordable Purchase and Cost Rental schemes, alongside the Help to Buy initiative.
Raising the cap under Help to Buy to €35,000 will allow more people to put together that deposit for their home
€2.35 billion for Uisce Éireann to advance water infrastructure and facilitate housing development
A total allocation of €2.35 billion, comprising €879 million in current expenditure and €1,468 million in capital expenditure.
The capital funding will provide for investment in water infrastructure notably in new and upgraded treatment plants as well as supporting the Accelerated Growth Programme in priority settlements across the country to deliver capacity for housing development.
Increased funding allocation of €593m to support the provision of homeless services
We are determined to prioritise the most vulnerable in our society and those living in precarious conditions. €593 million in funding to tackle homelessness and ensure that local authorities can continue to provide emergency accommodation for those who need it.
Additional €3.1m – a 13.1% increase – for Residential Tenancies Board to protect renters
€350 million for the Towns and Cities Regeneration Investment Fund and €225 million for the Housing Activation Office
Infrastructure remains pivotal to delivering new homes and we are allocating €586 million to fund housing-enabling infrastructure, including almost €350 million for the Towns and Cities Regeneration Investment Fund and €225 million to be overseen by the Housing Activation Office, including the Housing Infrastructure Investment Fund (HIIF) to address project barriers and unlock delivery at scale.
€66 million in funding to support planning-system capacity, including staffing and operational resources which will support the new streamlined approval processes in the 2024 Planning and Development Act and other functions including enforcement;
The remaining €53 million will support urban regeneration, planning reform, strategic planning, and implementation activity to help accelerate housing delivery and infrastructure development.A total €119 million is being provided for planning in 2027
