Dublin City Council officially launches first Cost Rental homes in partnership with Tuath 

On Thursday, 26th September, Dublin City Council (DCC) and Tuath Housing officially launched the first cost rental homes in Dublin City.  

This new development delivered by DCC in partnership with Tuath Housing is one of the largest public housing projects in the country and will cater for the needs of over 500 citizens.  

Built by GEM Construction, De Verdon Place offers multiple community spaces, including rooftop gardens, an outdoor playground facility and Crèche. Families, couples and individuals have already begun moving into their new homes.  

Housing Finance Agency and the Department of Housing offering an affordable, long term and secure form of rental tenure, with rents 31% below the local area average. Rents for the cost rental homes start at €1395. 

• 77 Cost Rental Homes (23 one-bed, 54 two-bed)
• 161 Social Homes (25 one-bed, 136-two bed)

Councillor Naoise Ó Múirí on behalf of the Lord Mayor of Dublin said:  

“It’s great to see the delivery of Dublin’s first set of cost-rental homes happening right here on the Northside. I wish our new tenants every success and I hope that they will be very happy here. I look forward to Dublin City Council scaling up its work with development partners to deliver more cost rental, social and of course affordable purchase homes for our communities right across the City.” 

Minister for Housing, Darragh O’Brien, said:  

“It’s great to see the scale of Housing for All at work on the ground here today. This development will provide secure, high-quality homes which will make a real difference in the lives of hundreds of families and individuals. It’s clear that the hard work and effective collaboration between local authorities like Dublin City Council and Approved Housing Bodies such as Tuath is delivering the quantity and mix of homes which are needed to meet our ambitious housing targets. ‘’It’s especially significant that this development contains Dublin City’s first cost-rental homes. The first of many. Cost rental is a key element of Housing for All and has already been extremely successful in providing stable, affordable, long-term rental homes for individuals and families. A recent report which Tuath commissioned in partnership with our other AHBs, found that 84% of respondents described their Cost Rental tenancy as very secure, many of the residents noted that the quality and size of their cost rental home was far superior to their previous accommodation in the private rental sector and that over 70% report having a positive relationship with their AHB landlord.  As we continue to scale up cost rental delivery, we remain committed to providing affordable, sustainable and suitable housing options.” 

Richard Shakespeare, Dublin City Council, Chief Executive: 

“De Verdon Place is a fantastic new housing development with a great mix of tenure. The development is in a wonderful area on the Northside of Dublin with an array of amenities, facilities and services nearby. We would like to thank Tuath Housing for partnering with us to deliver De Verdon Place development. Finally, I’d like to warmly extend my best wishes to all the new residents as they embark on this exciting new chapter of their lives in their new homes. 

Paddy Gray, Chair of Tuath Housing association:  

“At Tuath, we are committed to providing secure, high-quality homes that are as affordable as possible for people across Ireland. We are delighted to be involved in the delivery of Dublin City Council’s first cost rental homes. As Ireland’s leading cost rental housing provider, we continue to support the Government and local authorities nationwide in the delivery of homes under this model. De Verdon is a prime example of working in partnership and emphasizes our dedication to expanding cost rental housing, ensuring long-term security, comfort, and high-quality accommodation in great communities.”