Fine Gael has welcomed the Government's new housing supply and rent stability measures.

TD for Dublin South Central, Catherine Byrne said the new initiatives will help reduce social housing waiting lists.

She said: "The maximum rent limits applying to properties that can be accessed by people assessed as being homeless in Dublin are being increased to 50% over rent supplement limits, where previously it was only 20%.

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"The rent stability measures are also designed to help prevent homelessness occurring in the first place. Rents have been increasing at an unsustainable rate and curbing the way in which landlords increase rent will help to keep people in their homes.

"The Government is protecting tenants against arbitrary rent increases by extending the time in which rent reviews can take place from 1 to 2 years. The current requirement for a landlord to give their tenant a minimum of 28 days’ notice of new rent is to be extended to a minimum of 90 days, giving tenants a longer period to find new accommodation, if necessary. There will also be a longer notice period for tenancy terminations, again designed to give tenants more time to find a new home.

"Increasing housing supply is the real key to solving our housing shortage."

(CD/MH)