Cost Rental

Respond is proud to offer cost rental housing to the public rental market. This new rental option is supported by the Department of Housing, Local Government, and Heritage.

What is Cost Rental?

Cost rental properties are available to rent at a lower charge than average market rents in the area. Your rent covers the cost of the construction, management, and maintenance of your new home. Cost rental offers you a long-term, secure tenancy that is more affordable. Cost rental is a long-term rental option provided on a not-for-profit basis.

Eligibility Criteria

To apply for our cost rental properties, you need to be able to prove the following:

  • Your net household income is below €53,000 per annum
  • You are not in receipt of any form of social housing support (Including a HAP payment)
  • You do not own a property
  • Your household size is appropriate to the size of the property advertised
  • You can afford to pay the rent for the property
  • Your household has only entered one application for cost rental property per development

 

 

FIND OUT MORE

Applications are now closed for the development at Enniskerry Road.

To be eligible, you need to be able to prove the following;

  • Your net household income is below €53,000 per annum
  • You are not in receipt of any social housing supports
  • You do not own a property
  • Your household size matches the size of the property advertised
  • You can afford to pay the cost rent for the home
  • Your household has only entered one application for a specific cost rental property
  • Proof of ID (Current Valid Signed Passport/Current Valid Passport Card/Current Valid Travel Document/Current Valid EU/EEA Driving Licence– must contain photograph (Irish Provisional accepted)/Current EU National Identity Card)
  • Proof of address (Utility Bill e.g. telephone, mobile, gas, electricity, heating, oil, waste collection (where a utility bill is a first bill, a second form of address verification is required)/Correspondence from a Regulated Financial Institution operating in the Republic of Ireland (Insurance / Assurance Co., Bank, Building Society, Credit Union, Credit Card Company)/Correspondence from a Government Department / Body)
  • Proof of Residency in the Republic Of Ireland. Documents that are eligible as proof of residence are as follows
    • Employment Details Summary (P60)
    • Statement of Payments/Benefits from Dept. of Social Protection
    • Tenancy agreement if you are renting
    • Bank statements for at least 3 months showing day-to-day transactions or Direct Debits for utility bills
    • An employment letter from your current employer, which includes your name, address and date you commenced work
  • Proof of income
    • If employed: Employment Details Summary (P60) and/or last three months payslips
    • End of Year Statement (P21)
  • If self-employed– a minimum of 1 year’s accounts, along with an up-to-date tax balancing statement and preliminary tax receipt.
  • Social Welfare Income – documentary evidence of all social insurance and social assistance payments, allowances and pensions being received by members of the household. As income of household members over 18 is also included in the assessment for qualification, evidence of payments to these household members is also needed.
  • Employer Reference, dated within the previous 6 weeks
  • Landlord Reference, dated within the previous 6 weeks
  • Bank Statements for the previous 6 months

You should apply for the size property that matches your needs. We will seek not to under or over occupy properties. Set out below, are the guidelines we will be adopting:

  • Two-bed unit – suitable for two adults or cohabiting couple/lone parent with 1 or more children 

We will not consider an application that will lead to over occupation of a property. Over occupation is where more than two children are occupying one bedroom per household.

Unit Size and Suitability

Two-bed unit – suitable for two adults or cohabiting couple/lone parent with 1 or more children

Applications that will lead to over occupation of a property will not be considered. Over occupation is where more than two children are occupying one bedroom per household.

Applications are now closed. Click here to view eligibility criteria.

Terms and conditions for cost rental housing in Ireland will follow those set out in the forthcoming Affordable Housing Bill that is currently progressing through the Oireachtas.

Thank you for your interest. For further information, please contact our dedicated customer service team on 01 808 7700 or by email on info@Respond.ie.