Minister Simon Coveney and the Department of Housing have provided funding of €32 million in 2017 for the Repair and Leasing Programme and set a target of 800 units to be delivered this year (2017). A total of €140 million has been allocated to the repair and leasing scheme over the lifetime of Rebuilding Ireland.

The Repair and Leasing Scheme at a Glance:

Targets Properties Empty or Derelict for 1 Year or more

Grants to Property owners of up to €40,000 to get properties back into use

Lease Terms of 10, 15 or 20 Years

State Guaranteed Rental Income for Duration of Lease

Property and Tenants Managed by Approved Housing Bodies [the Peter McVerry Trust in D1,
D3, D7 and D9]