Prices will start from €260,000 for three-bed semi-detached houses and from €280,000 for four-bed semi-detached houses, with buyers able to get support for up to 25% of the cost through the Government’s First Home Scheme. The application process for the first tranche of 38 homes will open on Monday, October 24th with 22 of the homes ready to be occupied in 2022 and the balance to be completed in 2023.
Clonmore is located on the northern side of Mallow town centre, within easy walking distance of a wide range of amenities and just 2km from the main N20 Cork to Limerick road. The homes, built by the O’Flynn Group, include a mix of 3 and 4 bedroom semi-detached houses with private gardens set in a landscaped family-friendly estate.
Mayor of the County of Cork, Cllr Danny Collins highlighted how,
Project Tosaigh was announced last year in the Government’s housing strategy, Housing For All, to unlock land in private ownership that has planning permission but where delivery has stalled due to financing and other constraints. An expressions of interest process was launched at the end of 2021, and the LDA now has a pipeline of projects anticipated to deliver c. 1,000 affordable for sale and cost rental homes.
Minister for Housing Darragh O’Brien TD said, “The announcement of the affordable for sale scheme in Mallow demonstrates the progress the LDA is making in accelerating the delivery of affordable housing. It will mean 5,000 new homes by the end of 2026 which will be incremental to the supply the LDA will is already working on through its State land pipeline. The Clonmore scheme is the first of what I expect to be a several announcements before year-end that will show the policies we are implementing are ensuring people struggling with the cost of accommodation are provided tangible assistance.”
John Coleman, CEO of the Land Development Agency said, “Project Tosaigh provides an important mechanism for the LDA to accelerate the delivery of affordable housing by supporting housing construction on private lands in collaboration with Cork County Council and the O’Flynn Group. We intend to source close to 1,000 affordable homes by year end through this approach, thereby substantially increasing our delivery capability in the short-term. Whilst our longer-term approach continues to focus on publicly owned land, the LDA is delighted to be in a position to act as a catalyst to speed up the delivery of affordable homes, with the security of knowing that all homes will be either retained in public ownership for cost rental or made available for households to purchase on an affordable basis.