Application dates announced for affordable homes in Cork town

The application date has been announced for a new affordable housing development in Cork, as well as the criteria for applying for one of the 49 homes.

The development at Cluain Ard, Cobh consists of 21 two-bed townhouses, 22 three-bed end-of-terrace houses and six three-bed semi-detached houses.

Applications will be accepted via an online application portal which will go live on October 2 at 12 noon and close at midday on October 23.

The properties being made available were constructed by Sirio Homes under affordable dwelling purchase arrangements.

The scheme sees Cork County Council offer new homes available for purchase by eligible applicants at reduced prices. 

In return, Cork County Council will take a percentage equity stake in the affordable purchase home equal to the discount of the purchase price from the full market value of the home.

In order to be eligible to apply for affordable housing at Cluain Ard, Cobh applicants must satisfy a number of criteria including thateach applicant must be a first-time buyer or meet the exceptions under the Fresh Start Principle or own a dwelling which, because of its size, is not suited to the current accommodation needs of the applicant’s household.

To apply for a 2-bedroom townhouse property, gross household income for the preceding 12 months should be below €61,989, to apply for a 3-bedroom end-of-terrace property, gross household income for the preceding 12 months should be below €68,401 and to apply for a 3-bedroom semi-detached property, gross household income for the preceding 12 months should be below €70,539.

However, those with a higher income may also be eligible. 

Each person included in the application must have the right to reside indefinitely in the State.

More information about the properties can be found on the Cork County Council website.