Irish Independent 17x4 169mm GF
AFFORDABLE HOUSING AT CHURCH FIELDS, MULHUDDART – GEM CONSTRUCTION
IN PARTNERSHIP WITH FINGAL COUNTY COUNCIL
59 No. 2-bed and 121 No. 3-bed houses at Church Fields, Mulhuddart, Dublin 15 are being made available for sale by GEM Construction,
in partnership with Fingal County Council under aordable dwelling purchase arrangements. This will be carried out under the Aordable
Housing Act 2021 and associated Regulations. The scheme will be aimed at rst-time buyers (although some exceptions apply).
Property Type Unit Size
(m
2
)
Number
of Units
Typical Gross Household
Income Limit
exceptions apply (€)
Minimum
Sale Price (€)
Approximate %
Reduction from
Market Value
Maximum
Sale price (€)
2-Bedroom Mid-Terrace 82.8 48 €66,263 €263,500 15% €294,500
2-Bedroom End-Terrace 82.8 –
88.2
11 €68,400 €270,000 15.63% €304,000
3-Bedroom Mid-Terrace 94.2 52 €85,500 €315,000 21.25% €380,000
3-Bedroom Mid-Terrace 112.8 61 €85,500 €320,000 20% €380,000
3-Bedroom End-Terrace 104.8 –
127.9
8 €94,050 €330,000 25% €418,000
*Please note that these income limits are indicative only. Please refer to our Church Fields FAQs at https://www.ngal.ie/AordableHousing
to view the exceptions to the limits.
The purchasers will enter an aordable dwelling purchase agreement with Fingal County Council. Under this agreement the Council will
take a percentage equity share in the dwelling, equal to the dierence between the market value of the dwelling and the price paid by
the purchaser. The Council may not seek realization of its aordable dwelling equity for a 40-year period (other than for breach of the
agreement). However, the purchaser may choose to redeem or buy out the aordable dwelling equity at any time either through one lump
sum, or a series of payments to the Council.
In order to be eligible to apply for the scheme, applicants must satisfy the below criteria:
• Be a First-Time Buyer or meet the exceptions under the Fresh Start Principle.
• To apply for a 2-bedroom property, typically gross household income for the preceding 12 months should be below €68,400.
*Some exceptions apply.
• To apply for a 3-bedroom property, typically gross household income for the preceding 12 months should be below €94,050.
*Some exceptions apply.
• Each person included in the application must have the right to reside indenitely in the State.
• The aordable home must be the household’s normal place of residence.
Applications will be prioritized based on time and date of application. In addition to this, 30% of the homes will only be available to
applicants who have been, or are currently, a resident in the administrative area of Fingal County Council for a minimum period of 5 years.
Applications will be accepted via an online application portal. Applications may be made starting from 12pm on April 9th, 2024.
A link to the online application portal and further information on this scheme, including the Scheme of Priority, guide to making an
application and the documentation required to accompany the application is available at https://www.ngal.ie/AordableHousing
