Cost-Rental Tenant in Situ Scheme: Success or Lacking Ambition?

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Cost-Rental Tenant in Situ Scheme: Success or Lacking Ambition?
Housing CrisisCost-RentalTenant In Situ
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An examination of the cost-rental tenant in situ scheme in Ireland, which aims to help tenants at risk of homelessness by buying properties from landlords.

While 120 properties have been acquired in about 20 months, it is arguable that without published targets this policy measure is at best opaque. The aim of the cost-rental tenant in situ scheme was to move those people from precarious circumstance. Photograph: Alan Betson at the end of March 2023 led to an outcry among unions and tenants, fractious scenes in Leinster House and a motion of no confidence in the Government.

Public anger over the housing crisis was palpable as charities labelled the decision to lift the ban as “cruel” and “heartless”. Arguing that the situation would worsen in future if the ban was kept in place for another temporary spell, Ministers instead promised a package of alternative measures to tackle homelessness and rental supply problems. One of the measures born from that was the cost-rental tenant in situ scheme, designed to buy homes from landlords looking to sell, where the tenant was at risk of homelessness.First, the local authority conducts an initial assessment for eligibility of tenants who want to be part of the scheme (are they within the income limits? Are they in receipt of housing support or not?) before passing successful applications to the. Before making an offer on a property, the agency must check if the cost of the property fits with guidelines issued by the Government for each local authority area. They will also look at whether any repairs or upgrades are needed. Moreover, the agency will make an offer to the vendor based on an independent market valuation. Issues which have arisen include delays in acquiring a property, or the landlord deciding to go with a higher bidder as there is no obligation to offer the property to the schem

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Housing Crisis Cost-Rental Tenant In Situ Ireland Homelessness

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