Budget 2026: Statement from Tuath Chief Executive Sean O'Connor

Tuath Housing, Ireland’s largest Approved Housing Body — with over 16,000 homes and 40,000 tenants nationwide — welcomes the Government’s continued focus on housing delivery in Budget 2026, including the likely reduction of VAT on new apartments from 13.5% to 9%.

Sean O’Connor, Chief Executive of Tuath Housing, said:

“The VAT reduction is a welcome step that can improve the financial viability of apartment development and help bring some stalled projects back to life. However, it is not a silver bullet — real progress in housing delivery also depends on unlocking land, speeding up planning approvals, and embracing modern methods of construction. Tuath Housing stands ready to deliver more homes for families across Ireland and will work with Government to ensure this measure leads to meaningful, long-term results.”

Tuath Housing and fellow AHBs are central to Ireland’s housing delivery, and with the right support, they can help meet the national demand of 93,000 new homes per year.