Menu
25/03/2022
Additional Supply Of 'Intermediate Rent' Homes Approved
An additional supply of 'Intermediate Rent' homes, providing another affordable housing option, has been approved by Communities Minister Deirdre Hargey.
It follows a public consultation on a new Intermediate Rent policy, seeking views on the need for these homes, and how a subsidised model should operate.
Intermediate Rent seeks to offer a more secure, affordable and supportive rental option for low to moderate income people and families who are struggling with the costs of market rentals.
Publishing the Consultation Outcome Report, Communities Minister Deirdre Hargey said: "A new supply of Intermediate Rent homes can provide an affordable option to people and families. Feedback from across the housing sector, and from prospective tenants, supports the delivery of more affordable, secure and good quality homes through an Intermediate Rent programme.
"The ability to fund the development of a new supply of Intermediate Rent homes through Financial Transactions Capital loan will allow us to provide a new supply of much needed affordable homes."
The Department will now, subject to final approvals, procure an Intermediate Rent Operator later this year.
It follows a public consultation on a new Intermediate Rent policy, seeking views on the need for these homes, and how a subsidised model should operate.
Intermediate Rent seeks to offer a more secure, affordable and supportive rental option for low to moderate income people and families who are struggling with the costs of market rentals.
Publishing the Consultation Outcome Report, Communities Minister Deirdre Hargey said: "A new supply of Intermediate Rent homes can provide an affordable option to people and families. Feedback from across the housing sector, and from prospective tenants, supports the delivery of more affordable, secure and good quality homes through an Intermediate Rent programme.
"The ability to fund the development of a new supply of Intermediate Rent homes through Financial Transactions Capital loan will allow us to provide a new supply of much needed affordable homes."
The Department will now, subject to final approvals, procure an Intermediate Rent Operator later this year.
Related Northern Ireland News Stories
Click here for the latest headlines.
31 March 2023
New Affordable Housing Policy Published
A new affordable housing policy, which aims to create an additional supply of 'Intermediate Rent' homes, providing a new affordable housing option, has been published by the Department for Communities.
New Affordable Housing Policy Published
A new affordable housing policy, which aims to create an additional supply of 'Intermediate Rent' homes, providing a new affordable housing option, has been published by the Department for Communities.
09 August 2023
DfC Launches Consultation On Funding For New Supply Of Affordable Homes
The Department for Communities (DfC) is seeking views on the delivery of new funding to introduce a new supply of Intermediate Rent homes. Growing the supply of more affordable, better quality homes for rent with longer-term tenancies is a key commitment for the Department for Communities.
DfC Launches Consultation On Funding For New Supply Of Affordable Homes
The Department for Communities (DfC) is seeking views on the delivery of new funding to introduce a new supply of Intermediate Rent homes. Growing the supply of more affordable, better quality homes for rent with longer-term tenancies is a key commitment for the Department for Communities.
15 May 2024
New Funding Initiative Announced To Provide More Affordable Homes
Communities Minister, Gordon Lyons, has announced a funding offer to build more affordable homes for lower income tenants as part of the forthcoming Housing Supply Strategy. The Intermediate Rent scheme will provide funding through a long-term, low-interest government loan to an operator.
New Funding Initiative Announced To Provide More Affordable Homes
Communities Minister, Gordon Lyons, has announced a funding offer to build more affordable homes for lower income tenants as part of the forthcoming Housing Supply Strategy. The Intermediate Rent scheme will provide funding through a long-term, low-interest government loan to an operator.
27 October 2023
North Belfast Park Reopens Following £4.3m Redevelopment
Belfast City Council has announced the north Belfast's Marrowbone Millennium Park has officially reopened following the completion of a £4.
North Belfast Park Reopens Following £4.3m Redevelopment
Belfast City Council has announced the north Belfast's Marrowbone Millennium Park has officially reopened following the completion of a £4.
18 October 2021
New Intermediate Rent Proposed To Increase Housing Options
Communities Minister Deirdre Hargey has proposed a new affordable rent model in an effort to increase affordable housing options. A public consultation on the proposal looks at the introduction of Intermediate Rent. Launching the consultation, Minister Hargey said: "Access to housing is a fundamental right.
New Intermediate Rent Proposed To Increase Housing Options
Communities Minister Deirdre Hargey has proposed a new affordable rent model in an effort to increase affordable housing options. A public consultation on the proposal looks at the introduction of Intermediate Rent. Launching the consultation, Minister Hargey said: "Access to housing is a fundamental right.
-
Northern Ireland WeatherToday:It will be cloudy again throughout the day. Mainly dry in the morning, but patchy drizzle in places, becoming more widespread and persistent in the afternoon. Freshening southwesterly winds. Maximum temperature 12 °C.Tonight:Cloudy with a spell of heavy rain pushing south through late evening and the early hours, followed by some clear spells. Minimum temperature 6 °C.
