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The Local Authority Affordable Purchase Scheme helps people on low to moderate incomes buy homes at reduced prices. New homes under this scheme are located in areas with the greatest housing need and where affordability is an issue. The local authority takes a percentage stake in your home that covers the reduction in price. So, if you buy the home at a 20 per cent discount the local authority will have a 20 per cent stake in your home. If you want, you can buy back the local authority’s stake at any time, but you don’t have to. This scheme is aimed at first-time buyers, but there are some exceptions to this.

Minister Catherine Martin is taking action to bring properties back onto the long-term housing market as can be seen in a new proposal approved by the Cabinet.

Sinn Féin TD Rose Conway Walsh has said that the latest report on house rental prices has shown the government has 'lost control' of the housing market.

Mayo County Council has received over 600 responses from people interested in availing of an affordable housing scheme if one becomes available in the county.

Commenting on the most recent CSO Residential Property Price Index for May IPAV, the Institute of Professional Auctioneers & Valuers has said the acceleration in prices seen in the publication is likely to continue for the foreseeable future until supply improves and moves more in the direction of meeting demand.

Construction of the largest residential development in Athlone will commence within six months following formal approval by An Bord Pleanála for a Strategic Housing Development of 576 dwellings at Lissywollen and Kilnafaddoge.

Responding to today’s Daft.ie rental Report for Q3 2020 IPAV, the Institute of Professional Auctioneers and Valuers, said one of the most striking features of the report is just how much more expensive it is to rent rather than to buy a home.

With Ireland having the highest rate of under 30s still living with their parents in Europe, and with property prices in the State rising more than in any other advanced economy, the focus of the next government must be on tackling the housing crisis.

Rents in Galway are “out of control and are continuing to rise at a high rate”, and this requires both the freezing of rents and enacting measures to “put money back into the pockets of workers and families”.

The announcement by the Government to set up a taskforce is evidence the Galway City Council has failed abysmally to deliver public and affordable housing according to Cllr Colette Connolly.