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30/07/2026

LDA Targets 13,000 More Homes By 2030

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The Land Development Agency (LDA) says it is on course to complete at least 13,000 additional homes by 2030, on top of the 3,215 delivered since 2022, according to its mid‑year update for 2026.

The agency's live project pipeline can now deliver more than 28,000 homes, with over 6,500 currently under construction across more than 20 sites and further starts expected shortly.

As at end-June 2026, total assets on the LDA's balance sheet stand at just over €2.9bn, largely comprising land, completed homes and homes under construction. Built homes, including the NARPS portfolio transferred from NAMA, generated close to €25m in rental income in the first half of the year, which the agency will use to support borrowings for additional delivery. Projected capital expenditure on housing projects is approximately €1.5bn in 2026.

Between 2026 and 2028, the LDA plans to deliver more than 8,000 homes: over 1,800 this year, nearly 3,000 in 2027 and in excess of 3,500 in 2028, based on current programmes. The 2028 output would likely place the LDA among the State’s largest home producers by completions.

On these projections, the agency's total completions are expected to reach about 16,500 by 2030, with roughly 35,000 people living in an LDA home by that time. The total could rise further as additional schemes are confirmed for 2029 and 2030.

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The LDA reports ongoing progress in Cost Rental, with 2,367 homes delivered to date, providing rents at least 25% below prevailing market levels. A new tenant survey indicates strong satisfaction, with 94% describing their overall experience as 'excellent', 'very good' or 'good', and 94% saying they would be 'very likely' (69%) or 'likely' (25%) to recommend a Cost Rental home in their development. Rent collection performance remains robust. More than 10,000 people now live in LDA-provided homes.

On land, the agency now controls or has rights to sites capable of delivering approximately 30,000 homes. Three new sites were secured in the first half of 2026 with potential for more than 1,900 homes, while negotiations continue on additional significant acquisitions. The LDA is placing increased emphasis on assembling larger, strategic landbanks to create mixed‑tenure communities in the years ahead.

The update noted that while the agency initially relied on Project Tosaigh (funding housebuilders to provide affordable homes) to drive output in 2022 and 2023, direct delivery schemes will account for a growing share of completions from 2026 onwards as projects mature.

John Coleman, Chief Executive of the LDA said: "We are pleased to report positive progress by the LDA in the delivery of new homes and communities. The data shows strong momentum, with our development pipeline set to deliver more than 28,000 homes. We are targeting the completion of at least 13,000 homes between now and 2030, which will be in addition to the more than 3,000 we have already delivered.

"The LDA is reaching maturity as one of the most significant housing entities in the State, when measured by the number of homes being delivered and the rapidly increasing financial scale and capacity of the LDA. From an operational perspective, the LDA has provided the State with the capacity to directly deliver homes in an efficient and value for money manner for the first time in many years.

"At the LDA, we have adapted and pivoted to address pressing housing issues as they evolve. For instance, we continue to play a major role in shoring up apartment delivery which would otherwise not be delivered by the market. The LDA will continually need to evolve to address our housing needs. This now includes the need to accelerate the assembly of land for housing, which comprise partnerships with local authorities and with private homebuilders. It will also enable the delivery of private homes alongside State-backed Starter Homes on major sites assembled by the LDA, thereby supporting social integration and sustainable communities."

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