One of the key Pillars in the Action Plan for Rural Development is Supporting Sustainable Communities. Action 5 comes under the aegis of this pillar. It states the following:
As part of Rebuilding Ireland, the Action Plan for Housing and Homelessness, support all local authorities to respond to the needs of their communities and deliver 47,000 new social homes which should also stimulate construction and other economic activities on a local and regional basis.
To this end, the Department of Housing, Planning, Community and Local Government in conjunction with local authorities have developed the Repair and Leasing Scheme (RLS) under Rebuilding Ireland to assist property owners in bringing vacant properties back into use.
The maximum funding available, under the scheme, is €40,000. The RLS will pay for the repairs up-front in return for the property being leased to a local authority or Approved Housing Body (AHB) to be used as social housing for a period of at least 10 years. The cost of the repairs will be repaid by the owner by offsetting it against the rent due to the owner for the property over the period of the lease agreement. The majority of works will include items such as: new flooring, kitchen, furniture; low grade plumbing or heating works, energy efficiency upgrades; window and door upgrades or replacements; insulation; painting and decorating. The minimum lease term is 10 years and the maximum term is 20 years. Within those limits, the length of the lease can be negotiated with the local authority and the duration may depend on the cost of the upgrade works.
Further information on the requirements and benefits of the Repair and Leasing Scheme (RLS) are available here
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