Affordable Housing Act 2021

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Number 25 of 2021

AFFORDABLE HOUSING ACT 2021

CONTENTS

PART 1

Preliminary and General

Section

1. Short title, collective citation and commencement

2. Interpretation

3. Regulations

PART 2

Affordable Dwelling Purchase Arrangements

4. Interpretation (Part 2)

5. Application of Part 2

6. Provision of dwellings by housing authorities

7. Direct sales agreement

8. Open market dwelling

9. Notification of and applications for affordable dwelling purchase arrangements

10. Assessment of eligibility for affordable dwelling purchase arrangement

11. Scheme of priority for affordable dwelling purchase arrangements

12. Affordable dwelling purchase arrangements

13. Registration of affordable dwelling purchase arrangements and agreements with financial institutions

14. Valuation of affordable dwelling for certain purposes

15. Redemption and realisation of affordable dwelling equity

16. Redemption payments

17. Sale of affordable dwelling prior to redemption of affordable dwelling equity

18. Realisation event and realisation notice

19. Realisation of affordable dwelling equity by housing authority

20. Accounting for certain moneys received by housing authority

21. Discharge for money payable under policy of insurance

22. Relationship with other enactments

23. Regulations (Part 2)

24. Amendments to Housing Finance Agency Act 1981

25. Amendments to Housing (Miscellaneous Provisions) Act 1997

26. Amendments to Act of 2009

27. Amendments to Housing (Miscellaneous Provisions) Act 2014

PART 3

Cost Rental Dwellings

28. Interpretation (Part 3)

29. Application for designation as cost rental dwelling

30. Designation as cost rental dwelling

31. Lettings of cost rental dwelling

32. Application of Act of 2004

33. Setting and review of rent in cost rental tenancy

34. Housing assistance payment

35. Cost rental tenancy not social housing support

36. Obligation of owner to provide information to Minister regarding cost rental dwelling

37. Extension of minimum period

38. Termination of cost rental period

39. Cost rental tenancies subsisting on termination of cost rental period

40. Loans to approved housing bodies in support of cost rental dwellings

PART 4

Provision of funding to purchase equity share in dwellings

41. Minister may provide funding to undertaking to enable purchase of dwellings

PART 5

Arrangements between housing authority and Land Development Agency in relation to eligibility and priority for certain dwellings

42. Arrangements between housing authority and Land Development Agency

PART 6

Amendments to Part V of Act of 2000

43. Amendment of section 93(1) of Act of 2000

44. Amendment of section 94 of Act of 2000

45. Amendment of section 95 of Act of 2000

46. Amendment of section 96 of Act of 2000

47. Amendment of section 97 of Act of 2000

PART 7

Miscellaneous

48. Agreements with financial institutions in respect of affordable housing under Act of 2000 or Act of 2002

PART 8

Repeals

49. Repeals

Acts Referred to

Central Bank Act 1971 (No. 24)

Civil Liability Act 1961 (No. 41)

Equal Status Act 2000 (No. 8)

Family Home Protection Act 1976 (No. 27)

Housing (Miscellaneous Provisions) Act 1992 (No. 18)

Housing (Miscellaneous Provisions) Act 1997 (No. 21)

Housing (Miscellaneous Provisions) Act 2002 (No. 9)

Housing (Miscellaneous Provisions) Act 2009 (No. 22)

Housing (Miscellaneous Provisions) Act 2014 (No. 21)

Housing Acts 1966 to 2019

Housing Finance Agency Act 1981 (No. 37)

Land and Conveyancing Law Reform Act 2009 (No. 27)

Local Government Act 2001 (No. 37)

Planning and Development Act 2000 (No. 30)

Registration of Title Act 1964 (No. 16)

Residential Tenancies (Amendment) Act 2015 (No. 42)

Residential Tenancies Act 2004 (No. 27)

State Authorities (Public Private Partnership Arrangements) Act 2002 (No. 1)

Statute of Limitations 1957 (No. 6)

Number 25 of 2021

AFFORDABLE HOUSING ACT 2021

An Act to provide for the provision of dwellings for the purpose of sale under affordable dwelling purchase arrangements; to provide for the provision by housing authorities of financial assistance to purchase dwellings under affordable dwelling purchase arrangements; to provide for dwellings to be made available on a cost rental basis; to provide for funding to be made available for the purchase of dwellings in accordance with a scheme of shared equity; to enable housing authorities to notify the public and assess eligibility and priority in relation to dwellings provided by the Land Development Agency; to amend the Housing Finance Agency Act 1981 , the Housing (Miscellaneous Provisions) Act 1997 , the Planning and Development Act 2000 , the Housing (Miscellaneous Provisions) Act 2009 and the Housing (Miscellaneous Provisions) Act 2014 ; and to provide for related matters.

[21st July, 2021]

Be it enacted by the Oireachtas as follows: