LDA opens applications for 195 cost rental homes in Shanganagh Castle Estate

Cost rental homes are designed to assist people who do not qualify for social housing, but who cannot afford to rent at existing market rates. Eligible candidates can secure a new home at rents that are at least 25% below market rates.

The rents charged cover the cost of building, managing and maintaining the homes, which are then ultimately owned by the State. The average rent for an LDA provided home is currently €1,421 per month.

To qualify for cost rental accommodation candidates must meet a series of eligibility criteria. Would-be applicants are requested to closely study the eligibility criteria and to only apply if they can demonstrate that they are eligible.

To be eligible for consideration for Cost Rental Housing, a person/household must meet the following criteria:

• Their net household income must be below €66,000 per annum for Dublin and €59,000 for elsewhere in the country. Applicants will have to prove how they have calculated their net household income.
• They must not be in receipt of any social housing supports including Rent Supplement or HAP.
• They must not own a property in Ireland or elsewhere.
• Their household size should match the size of the property advertised and all members of the household must be living in Ireland at the time of applying.
• They must demonstrate that they can afford to pay the cost rent for the home. P
• Each household must have only entered one application for a specific cost rental property.
• For more details and FAQs, would-be applicants should go to www.lda.ie/affordable-homes/lda-cost-rental

• Available LDA cost rental housing and details of the application processes involved are listed on the LDA website – lda.ie.
• Applications are open to any Irish residents who meets the eligibility criteria.
• Applicants must register their interest in a particular scheme within the application timeframe.
• Applicants are then selected at random via a lottery and, if selected, are invited to submit documents to prove their eligibility.
• Successful applicants are offered a tenancy.

Shanganagh Castle Estate is the first major direct delivery project to be completed by the LDA. In keeping with its mission to unlock state-owned land and to deliver large-scale housing projects, the Agency partnered with Dún Laoghaire Rathdown County Council (DLR) to deliver a total of 597 homes on land owned by the local authority.

Construction began on site in September 2022 and the first homes were launched in September 2024 on time and on budget. The development is superbly located next to Shanganagh Park and within easy reach of both Shankill and Bray. Residents will have easy access to a host of shops, services and facilities as well as amenities such as golf courses, hiking trails and beaches.

The N11 and M50 roads are nearby while the location is also well-served by existing public transport. There are regular buses running past the estate to and from the city centre and Dún Laoghaire with a new Bus Connects route planned.

The nearby Shankill DART station provides access to Dublin city centre, and a new station is being developed at Woodbrook, which is a 10 minute walk from the estate.

There are also a range of primary and secondary schools in the area, including Scoil Mhuire, Woodbrook College, St. Gerard's School, Presentation College, St. Killian's, and Loreto Secondary School.

The LDA’s core purpose involves the creation of dynamic and sustainable new communities in addition to the delivery of new homes.

Shanganagh Castle Estate is designed to the highest environmental standards and involves the use of sustainable construction methods. Designed by ABK Architects and constructed by Walls Construction, it will be the largest development in Europe to be built to passive house standards, once fully completed.

Active travel and community integration was a key consideration for both the LDA and DLR, with a focus on bicycle parking provision, working from home features, communal green and play spaces, a dedicated creche, café and community facilities.

The phase one launch of Shanganagh Castle Estate includes 51 affordable purchase houses, 195 cost rental apartments and 35 social apartments. The 51 houses are already on sale

The LDA is the State’s affordable housing delivery body. It is in the process of delivering more than 17,000 homes on State-owned or acquired land and over 8,000 through homebuilder partnerships under the Government’s Project Tosaigh initiative.

The LDA produced the Report on Relevant Public Land, which advised the government of the potential to deliver 67,000 homes on 83 underutilised State-owned sites. The LDA also announced plans to purchase private sites with planning permission in the country’s five major cities.