Making Homes Affordable
Labour Party Manifesto 2020

Labour is committed to the delivery of affordable homes for families, building up a properly regulated long-term rental market and investing in social housing.

In Government, Labour has launched a €4 billion housing programme to deliver 110,000 social housing units by 2020.

Our plan for the next five years:

  • Provide €500 million for the development of affordable rental housing with rents 20% or more below market levels
  • Establish a ‘Save to Buy’ scheme to make saving for a deposit easier for those aspiring to own their own home
  • Build up a stable and secure long-term rental market
  • Introduce a deposit protection scheme and extend the maximum lease period for tenants
  • Ensure we build balanced communities with a mix of private, rental and social housing
  • Set up a new Land Development Agency to ensure long-term housing demand is matched by available space
  • Better cater to the housing needs of our student population