Cork County Council has launched a Cost Rental scheme which aims to provide affordable rented accommodation to people on middle incomes. Applications for the new 2 and 4 bed houses at Baile Adaim, Carrigtwohill will open later this month, at 12 noon on Thursday, 27th November.
The scheme is aimed at people who do not own a home, are above the threshold for social housing but have difficulty affording private rented accommodation. Cost Rental provides secure tenancy at a rent which is below the market rent in the local area and is also a long-term secure rental option. This new tenure of rental property is supported by the Department of Housing, Local Government and Heritage.
The development of eight newly built, A-rated, family homes is located in a much sought-after residential location in Carrigtwohill. There are six 2 bed mid-terraced houses and two 4 bed semi-detached houses, and the rent is at least 26% below private market rents in the area.
Houses will be allocated on a lottery basis to applicants who have submitted all the required documents and who are deemed eligible for the scheme. Renters will enter a tenancy arrangement with Cork County Council.
The Mayor of the County of Cork, Cllr Mary Linehan Foley said, “The development in Baile Adaim is conveniently located in this popular residential area just a short distance from Carrigtwohill’s town centre and all its amenities. This new scheme demonstrates the work that Cork County Council is doing in achieving the housing targets set by the government.”
Applications for the scheme will be accepted between 12 noon on 27th November and 12 noon on 11th December via the online application portal on Cork County Council’s website www.corkcoco.ie.
Further information on this scheme and other upcoming schemes, including the eligibility criteria, guide to making an application and documentation required is also available on our website.
