The Affordable Purchase Scheme is designed to help bridge the gap between what you can afford to pay and the price of your new home.
Under the Affordable Purchase Scheme, Dublin City Council will make newly-built homes available to eligible buyers at a price lower than its open market value. In return, Dublin City Council will take an equity share in your home that covers the reduced price.Dublin City Council have a number of developments in progress in the delivery of Affordable Homes at a variety of locations.
It should be noted that the Minimum Sale Price set by Dublin City Council is already a reduction from the Open Market Value of the home. Those interested in purchasing a home in this Scheme must be able to demonstrate that they can afford to pay the Minimum Sale Price set.
Below you will be able to see information on upcoming schemes, how to apply, and further information on the Affordable Purchase Scheme itself.
DEVELOPMENTS
COMING SOON: Dublin City Council, in conjunction with O’Cualann Cohousing Alliance CLG are offering a total of 12 x 3-bedroom A2 rated houses available in Oileáin na Crannóige, Balbutcher Lane, Ballymun, Dublin 11 under Affordable Housing Purchase Arrangements.
This development consists of 2 x 3-bedroom end of terrace houses and 10 x 3-bedroom mid-terrace houses. These properties will be wonderful additions to a well-established area.
Further information, including pricing information coming soon.
COMING SOON: Dublin City Council, in partnership with Glenveagh Homes, will be soon offering the first phase of homes for sale at Oscar Traynor Woods under the Affordable Purchase Scheme.
Phase 1 will be open for applications this summer and will include 4 x 3-bedroom houses, 8 x 2-bedroom houses, and 4 x 1-bedroom maisonettes.
Opening date for applications and prices will be announced soon here on our website, social media channels, and newspapers.
If interested in applying, we strongly advise that you familiarise yourself with our FAQs.