Affordable homes set for launch in Grange

A new affordable housing scheme, the first to be developed in the city’s south-east ward, will open to applications at the end of the month.

Cork City Council, in partnership with Citidwell Developments Ltd, will soon launch the new scheme at Seaberry Drive, Meadow Brome, Grange.

The development consists of 16 affordable homes, including 10 three-bedroom end-of-terrace and six three-bedroom mid-terrace, A2 rated, houses.

“As a local authority, we are committed to meeting our objective of delivering high quality affordable homes for the people of Cork,” said the Lord Mayor of Cork, Dan Boyle.

“This new scheme, the seventh scheme to launch under the council’s affordable housing initiative, demonstrates the work that Cork City Council is doing to achieve the targets set by Government.”

The homes are for sale from around 20% below open market values to those who qualify under the affordable housing scheme.

For eligible applicants, the mid-terrace homes will be available from €313,500 and end-of-terrace homes from €321,000.

Cork City Council deputy chief executive Brian Geaney said the 16 affordable townhouses — one element of the larger residential development — “will provide a further supply of high-quality homes for eligible applicants in Cork and assist in meeting housing targets set out in the Government’s national housing plan, Housing for All.”

Under the scheme, purchasers will enter an affordable dwelling purchase agreement with the local authority, which will see the council retaining a percentage equity share in the house equal to the difference between its open market value and the price paid by the purchaser.

Applications can be made between 12pm on July 30 and 12am on August 20 via an online application portal available on www.seaberrydrivegrange.ie.

Applicants are being encouraged to familiarise themselves with the documentation required to apply for the scheme, as interest is expected to significantly outweigh the number of houses available for purchase. Details can be found at the above website.