The apartments are part of a total delivery of 142 cost rental homes at Archers Wood. Applications open today, Tuesday April 11th at 12 midday and will close on April 18th.
The homes are being delivered under Project Tosaigh, a Government initiative where the LDA steps in to complete unviable or stalled private housing developments and then makes the homes available as either cost rental or affordable purchase.
The 94 units, which are now owned by the state, include 37 one-bed, 53 two-bed and four three-bed apartments. Monthly rents are €1,220 for a one-bed, €1,445 for a two-bed and €1,530 for a three-bed.
The rents involved are an average of 30% below market rents. Eligible tenants must have a net household income of below €53,000 a year, a figure designed to provide an affordable solution for households on low to moderate incomes who do not qualify for social housing.
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A total of 48 duplex homes have already been released in Archers Wood. Applications for these homes have closed. Tenants have already been allocated the first 24 homes and offers have been made for the second 24. The 48 involve 24 two-bed and 24 three-bed duplexes with rents of €1,455 for a two-bed and €1,550 for a three-bed.
Anyone who was previously unsuccessful in applying for the 42 duplex homes can now apply for an apartment but will have to complete the registration process again indicating which apartment type they are applying for. The registration process can be accessed from tomorrow at 12 midday on the Cost Rental section of the LDA’s website - lda.ie/affordable-homes/lda-cost-rental. Applicants are requested to read the eligibility criteria carefully.
Archers Wood is located in a picturesque area between Delgany village and the Irish sea. It is within minutes of Greystones with good access to national transport links, DART, Intercity trains and a host of local amenities. The homes, delivered in association with Cairn Homes, are A-rated and finished to a high standard with fully fitted kitchens and integrated wardrobes in double rooms.
The apartments are located between three blocks, Archers Wood View, Archers Wood Manor and Archers Wood Gate, with a mix of underground and surface carparking as well as bike sheds.
Separately, applications have now closed for 95 cost rental homes in Parklands in Citywest. The houses in Citywest, delivered in association with Harcourt Developments, are three and four-bed family units located in Parklands on Fortunestown Lane.
Rents for these homes start at €1,350 a month for a three-bed, two-storey terraced house. The monthly rent for a four-bed, two-storey, terrace house, is €1,450 and tenants in a four-bed, three-storey, terraced house will pay €1,460. These rents are typically about 57% below market rents.
