Cork County Council housing scheme to open for applications

A new affordable housing development in Cork will open for applications next week.

Cork County Council is inviting prospective homeowners to apply for the new two and three-bed houses at Tir Cluain, in Midleton, which are being offered at a discounted rate, from noon on September 2.

The development of 13 A-rated, family homes is within walking distance of Midleton Train Station and the town’s Main Street.

Constructed by O’Mahony Developments, the houses will be available for first-time buyers who do not own a home, and fresh start applicants, with a small number of exceptions.

Mayor of the county of Cork, councillor Joe Carroll said: “Cork county council is delighted to announce the launch of this Affordable Housing Scheme in Midleton.

“The development at Tir Cluain is superbly situated in this popular residential area just a short walk from Midleton’s town centre and all its amenities.

“This new scheme demonstrates the work that Cork county council is doing in achieving the targets set by the government.”

Through the scheme, purchasers will enter an affordable dwelling purchase arrangement with Cork County Council, where under this arrangement, the council will retain a percentage equity share in the dwelling, equal to the difference between the market value of the dwelling and the price paid by the purchaser.

This is expressed as a percentage of the market value of the dwelling to a minimum of 5%.

Chief executive of Cork County Council, Moira Murrell said: “The launch of these 13 houses, provided by the council under the Affordable Scheme will provide a further supply of high-quality homes for eligible applicants.”

Applications for the scheme will be accepted until noon on September 23 via the online application portal, available on Cork county council’s website: www.corkcoco.ie.