New Tenant Purchase Scheme lst February 2022
The Housing (Sale of Local Authority Houses) (Amendment) Regulations 2021 give effect to these amendments which include changes to (a) minimum income criteria for applicants and (b) the period of time applicants must have been receiving social housing support to be eligible under the scheme. The amendments come into effect from 1st February 2022.
Specifically, the changes are as follows –
i. Minimum income requirements: The minimum income required for an applicant to be eligible to apply under the scheme has been revised downward from €15,000p.a. to €12,500 p.a.
This change will ensure persons whose pension is their primary source of income can now apply under the scheme. The change only applies to pensions – other social welfare payments may only be regarded as secondary income.
ii. Time receiving social housing supports: The period of time tenants will be required to be in receipt of social housing support to be considered eligible under the scheme has been changed from one to 10 years.
In the case of joint tenancies, both tenants must be in receipt of social housing support for at least 10 years before being eligible to apply.
If you have any queries regarding Tenant Purchase please contact the Tenant Purchase Unit by email at email@example.com or by telephone at 091 509306