AQW 9114/16-21


Mr Andy Allen MBE
Ulster Unionist Party
East Belfast


Tabled Date: 19/12/2016
Answered On Date: 04/01/2017
Priority Written: No


Question:
To ask the Minister for Communities to detail the cost to build a new social house and new affordable house, broken down by house size.


Answer:
The figures below show the costs for new social housing and are calculated using the current Northern Ireland Average 2016/17 Departmental Total Cost Indicators (TCI) and Grant Rates. All dwellings are built to DfC Housing Association Design Guide standards.
Dwelling Type
Area
NI Average Total Cost Indicator per unit
Average Housing Association Grant per unit
Three person two bedroom flat
60/65m2
£101,633
£57,728
Three person two bedroom house
70/75m2
£110,650
£62,849
Five person three bedroom house
90/95m2
£128,667
£73,120
In terms of affordable housing my Department currently sponsors four housing associations to supply affordable housing across Northern Ireland. These houses are provided through three schemes; Co-Ownership, the Rent to Own initiative and the Affordable Home Loans pilot. Both Co-Ownership and Rent to Own are based on properties purchased from the open market with a ceiling price of £150,000. The Affordable Home Loans pilot allows housing associations to build and/or refurbish homes for sale.
The cost of building these homes will vary according to location and other factors, such as, site development costs. However, the average government investment across all the schemes mentioned above is around £35,000 per home. This investment is provided through loan funding which, the house associations must pay back to the Department.