Questions and Answers
What is the approximate percentage of social housing in the Kulok Housing Development?
What is the main reason for the higher-than-expected prices of the affordable homes in Kulok?
According to Dublin City Council, how much below open market value are the affordable homes being offered?
How much cheaper are the equivalent homes offered by Ulon Co-Housing Alliance compared to those in Kulok?
Signup and view all the answers
What is the next step in addressing the concerns about the Kulok Housing Development?
Signup and view all the answers
What percentage of the Kulok Housing Development is dedicated to affordable housing?
Signup and view all the answers
What is the primary concern about the Kulok Housing Development?
Signup and view all the answers
What is the basis for setting the housing prices in the Kulok Housing Development?
Signup and view all the answers
How does the price of the homes in Kulok compare to those offered by Ulon Co-Housing Alliance?
Signup and view all the answers
What is the percentage reduction in price that the Affordable Housing Act requires?
Signup and view all the answers
What is the total number of homes to be built in the Kulok Housing Development?
Signup and view all the answers
What is the proportion of cost rental housing in the Kulok Housing Development?
Signup and view all the answers
Study Notes
Kulok Housing Development
- In 2021, Dublin City councilors approved the construction of 853 homes at the Kulok site in North Dublin, with a mix of 40% social, 40% cost rental, and 20% affordable housing.
- The first phase of affordable homes is scheduled to be launched next month, but there are calls to pause the project due to higher-than-expected prices.
Affordability Concerns
- Some homes are priced at up to €475,000, which is €169,000 more than originally estimated.
- Critics argue that the prices are too high and will only benefit those with high incomes.
- The housing prices are set based on market prices, rather than being based on people's income.
Dublin City Council Response
- The council claims that the homes are being offered at 18-21% below open market value, exceeding the 15% reduction required by the Affordable Housing Act.
- The council attributes the price increase to market conditions and costs at the time of planning.
Alternative Options
- Ulon Co-Housing Alliance, a charity that builds affordable houses, has equivalent homes for sale in Balmon for over €150,000 cheaper than those in Kulok.
Next Steps
- The Lord Mayor of Dublin, James Gagan, is seeking clarity on the price changes from Dublin City management, with a discussion expected at the next council meeting.
Kulok Housing Development
- 853 homes approved for construction at Kulok site in North Dublin, with a mix of 40% social, 40% cost rental, and 20% affordable housing.
Affordability Concerns
- Affordable homes priced up to €475,000, exceeding original estimates by €169,000.
- Critics argue prices are too high, benefiting only those with high incomes.
- Prices based on market prices, not people's income.
Dublin City Council Response
- Homes offered at 18-21% below open market value, exceeding 15% reduction required by the Affordable Housing Act.
- Price increase attributed to market conditions and costs at the time of planning.
Alternative Options
- Ulon Co-Housing Alliance offers equivalent homes in Balmon for over €150,000 cheaper than those in Kulok.
Next Steps
- Lord Mayor of Dublin, James Gagan, seeking clarity on price changes from Dublin City management.
- Discussion expected at the next council meeting.
Kulok Housing Development
- 853 homes approved for construction at Kulok site in North Dublin, with a mix of 40% social, 40% cost rental, and 20% affordable housing.
Affordability Concerns
- Affordable homes priced up to €475,000, exceeding original estimates by €169,000.
- Critics argue prices are too high, benefiting only those with high incomes.
- Prices based on market prices, not people's income.
Dublin City Council Response
- Homes offered at 18-21% below open market value, exceeding 15% reduction required by the Affordable Housing Act.
- Price increase attributed to market conditions and costs at the time of planning.
Alternative Options
- Ulon Co-Housing Alliance offers equivalent homes in Balmon for over €150,000 cheaper than those in Kulok.
Next Steps
- Lord Mayor of Dublin, James Gagan, seeking clarity on price changes from Dublin City management.
- Discussion expected at the next council meeting.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
Description
Learn about the Kulok housing development project in North Dublin, which aims to provide 853 homes with a mix of social, cost rental, and affordable housing. Explore the concerns surrounding the project's affordability.
