Co-operative Housing Ireland Election Manifesto 2024

Page 1


2024 Election Manifesto

#1

30,000 social homes* per year —accelerating the expansion of social & affordable housing supply.

60,000-70,000 new homes are needed annually. To reach the Housing Commission’s recommendations within 10 years 50% needs to be social housing (*which includes cost rental).

Housing is vital infrastructure. We need reliable funding to maintain construction through market downturns. A diverse housing supply guarantees affordability and choice for everyone.

2

Unlock the Potential of Approved Housing Bodies (AHBs)

AHBs deliver 50% of social housing. To sustain this, we must address debt and underfunding through grants and government equity.

Solve legacy funding issues by: Implementing an operational cost model and remediation scheme for older homes.

Reduce debt levels of AHBs through: grants and state equity.

Let AHBs access private and non-profit finance to diversify funding sources.

Co-operative Housing Ireland

Advance Decarbonisation in the AHB Sector

CHI delivers A2-rated homes and aims to retrofit older ones to B2. We need continued State support to meet our carbon reduction goals. AHBs need: 90% retrofit grant funding

A dedicated one-stop-shop scheme SEAI grant coverage for communal areas and multi-unit buildings

Strengthen Co-operatives & Community Land Trusts

Co-ops and Community Land Trusts

offer affordable housing through community ownership but need State support to grow.

Government should provide:

Low-interest loans

Affordable sites

Tailored legislation to make these models mainstream

Pilot a number of housing developments

Activate Affordable Housing Act

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Co-operative Housing Ireland Election Manifesto 2024 by Co-operative Housing Ireland - Issuu