Request for Expressions of Interest for the provision of affordable housing through advance purchase turnkey acquisition

Request for Expressions of Interest for the provision of affordable housing through advance purchase turnkey acquisition.

Waterford City & County Council are seeking expressions of interest for the delivery of new dwellings for affordable housing in Waterford City accordance with the provisions of The Affordable Housing Act 2021.

Affordable housing units proposed must have planning permission and must not have commenced. The Affordable Housing Act 2021 provides for Local Authorities to acquire, build or cause to be built, affordable dwellings that can be subsequently sold to eligible applicants (assessed by Waterford City & County Council) through direct sales agreements between purchasers and developers.

The Affordable Housing Fund funded by the Department of Housing, Local Government and Heritage will provide a subsidy (based on set criteria as outlined below) that will reduce the cost of a home for first time buyers or those seeking a fresh start. Waterford City & County Council will retain an equity stake of up to 30% of the dwelling.

All submissions made under this Expression of Interest will be assessed and approved by the Housing Agency and the Department of Housing, Local Government and Heritage.
Please note that Waterford City & County Council are subject to the Freedom of Information Act 2014.
Expressions of Interest Forms are available from the Housing Section, Waterford City & County Council, City Hall, The Mall, Waterford and below.

Expressions of Interest must be returned clearly marked WCCC 21/603/Housing to:
WCCC 21/603/Housing, Tender Box, Waterford City & County Council, Customer Services, Baileys New Street, Waterford.

The closing date for this Expression of Interest is 3pm on Tuesday 30th November 2021.

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