Housing Delivery Conor Skehan Chairman, Housing Agency Meeting Housing Demand in Fingal 12 th November 2014

Strategy Taking action for a changing environment Construction 2020 –Housing and Planning Actions –Dublin Housing Task Force Social Housing Strategy –Supply of social housing a priority –€2.2 billion budget over next 3 years Availability and Affordability 2

Local AuthorityPopulation 2011 Households 2011 Dublin City527,612207,847 Dún Laoghaire- Rathdown 206,26175,786 Fingal 273,99192,951 South Dublin265,20589,877 Totals1,273,069466,461 3

Housing Supply Required Dublin 7,500 homes per annum needed in Dublin Fingal 50% of this supply expected in Fingal Currently planning permission for 9,500 homes in Fingal Significant potential in Fingal 4

Planning for un-met and Emerging Needs and Values 75% of all households will be for 3 people or less  25% will be 1 person  31% will 2 person  19% will be 3 person 5 In the UK, 34% of households have one person living in them and in the US it's 27%

Supply – Using what we have first What can we do to use housing existing stock better? First we need the data –Survey and analysis Take action 6

Planning to Serve the Future Planning for an Unfamiliar Future Different [Divergent?] Markets? Building at Scale More Professional Developers [fewer builders?] More Professional Landlords [fewer small-scale?] More Professional Financiers [fewer banks?] More Regulated Sector [fewer amateurs?] More Coordinated Sector Build-to-Rent? Build-to-Price? New Housing Types? 7

Planning for un-met and Emerging Needs and Values Housing for an Ageing Population Housing for a Healthy Wealthy Population Housing for Student Population Housing for Late-Starters Housing for Single People New House Types [over the next 4 years] 8

Housing Delivery - market Dublin Housing Task Force Should Fingal act as an active development agency? Target delivery both for rental and purchase. Good places to live Focus on achieving affordability. 9

Social Housing Delivery Direct Delivery –Fingal –Housing Bodies –Social Housing companies Market options –Acquisitions –Part V delivery –Rent Supplement, Housing Assistant Payment, RAS 10

Funding of Social Capital and Revenue Capital funded delivery - traditional Revenue –Funding of Housing Bodies to support borrowing –Leasing The funding is in place for any suitable development 11

Cost Rental Housing The Social Housing Strategy will suggest that we examine options for provision of cost rental housing. What can Fingal do? What support do you need? 12

Planning for un-met and Emerging Needs and Values Professional Landlords Voluntary Renters Wealthy Urbanites New Tenure Types 13

Planning for un-met and Emerging Needs and Values Meeting the changing needs of a new demography with new values New Layouts and Mixes 14

Criteria for Future Success Affordability, affordability, affordability, affordability, affordability, affordability, affordability, affordability, affordability, affordability, affordability, affordability, affordability, affordability, affordability, affordability, affordability, affordability, affordability, affordability, 15 1.Evidence-led Planning and Policy 2.Availability of homes 3.Sustainability of financing/repayment 4.Security of tenure 5.Prudent and Consistent Governance 6.Real-time, accurate market information

Who Will Lead? More Urbanised Value Systems? Quality of Life Drivers? Housing Controlled by Infrastructure Availability? Housing Limited by Enterprise Needs? A Community of Powers, Players, Politics, and Places 16

How should Fingal Lead? Scenario One – Plan Led Inaccurate Inflexible In Place Scenarios 17 Scenario Two – Market Led Pragmatic Profitable Perilous Scenario Three – Evidence Led Responsive Regulated Realistic

Thank You 18