Limerick City and County Council, IE Incremental Purchase Scheme expands affordable housing access
Limerick City and County Council, IE Incremental Purchase
Complete
The cost of a three-bedroom home in Limerick increased by 21% from 2020 to 2021. Local officials selected 15 three-bedroom units at two council developments for the discounted purchase program. Households participating in aid programs like the Rental Accommodation Scheme are eligible for the scheme. Selected buyers receive discounts of up to 60% on purchase prices. This initiative frees rental units for low-income families and creates pathways for working families to own new homes.
Project Succeeded
Limerick won the Supporting Sustainable Communities Award at the 2022 Chambers Ireland Excellence in Local Government Awards.
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