A new scheme has been launched in south Dublin giving first-time buyers an opportunity to buy affordable homes in the area.

South Dublin County Council is offering 16 three-bedroom duplex homes under the pilot affordable dwelling purchase arrangement.

The affordable purchase price to be paid will be linked to applicant(s) income (and savings where relevant) and mortgage capacity - the minimum price payable will be €245,600 and the maximum price payable will be €285,300.

Purchasers will enter an affordable dwelling purchase arrangement with South Dublin County Council whereby the Council will be entitled to an equity share in the house equal to the percentage discount from market value.

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In order to be eligible for the scheme applicants must have three or more people in their household, must be first—time buyers and have mortgage approval, and a total applicant household income must be €73,362 or less.

In addition, a minimum of 50% of these homes will only be available to applicants who are living in the South Dublin administrative area for a minimum of 12 months.

The order of allocation of these homes will be selected at random by a draw of all eligible applicants. 

Online applications may be made between 12 noon on Tuesday 01 March 2022 and 4pm on Friday 11 March 2022.

The provision of affordable homes is a key part of South Dublin County Council's Housing Delivery Action Plan (HDAP), which outlines details of proposed social and affordable housing delivery for 2022-2026. During its lifetime, HDAP shows the planned delivery of 2,730 affordable homes across the County as well as 3,707 new social homes.