Fingal Greens welcome changes to a large-scale scheme
Fingal County Council have given the go-ahead for 1,200 homes in one of the largest housing projects in the county.
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Affordable Rental Scheme
Fingal County Council today gave the go ahead for 1,200 homes in one of the largest housing projects in the county.
The Fingal Green Party welcome the strengthening of the deal in recent days with a commitment to exclude investment funds from purchasing both housing and apartments on the site.
Following an intervention from the Green Party councillors asking for the exclusion of REITs from the deal and adding cost rental to the deal. This was reflecting a consensus on the council to support such measures.
The housing scheme is for Ballymastone in Donabate Co Dublin and includes 1200 units of housing
In two letters to the county council this week the developer committed to:
- Not sell any homes or duplexes in the private housing element to institutional investors
- Offer at least 50% of apartment blocks to bodies permitted to offer cost rental accommodation to tenants under the State supported cost rental scheme.
- Commit to offer the remaining first to the private market.
Read more about the updates here.
The full documents are available here. I encourage you to have a read-through. Some exciting and progressive updates in our area.
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Daniel Whooley
Cllr. Daniel Whooley
Deputy Mayor of Fingal County Council