Applications are opening this month for 15 new affordable family homes in North Cork. The new development is based at the Meadowlands in Macroom and includes four two-bed terrace houses and eleven three-bed semi-detached/end-of-terrace houses. Each home has an A-ranked BER rating and will be available at a minimum of 22% below market value.
Applications for the scheme will open at 12pm Monday 30th September on the Council's website for three weeks. Each property is being primarily for sale for First Time Buyers who cannot afford to purchase a home in the current market and who qualify for the scheme - with thresholds including income and eligibility limits.
Eligibility Criteria for the Affordable Housing Scheme
The scheme is aimed at those who would struggle to secure a mortgage on the open market. Eligibility criteria include:
- First Time Buyers: Those who have never owned a property before.
- Fresh Start Applicants: Individuals who previously owned a home but no longer have a financial stake due to circumstances like separation, insolvency, or bankruptcy.
A Solution to the Housing Crisis?
The launch of this affordable housing scheme comes at a time when the housing crisis in Ireland continues to escalate. Recent figures show that the cost of renting a home in Cork is now greater than the take-home pay for plenty of young workers. This new development in Macroom is a welcome initiative, providing a much-needed boost to the local housing market.
Location, Location, Location
The Meadowlands development boasts a prime location in Macroom, within walking distance of the town centre and around 30 minutes' drive to both Cork City and Killarney. This makes it an attractive option for those seeking a balance between urban convenience and rural charm.
The homes are also conveniently located near various amenities including shops, schools, and public transport. The development's proximity to Macroom town centre ensures residents have access to all essential services and facilities.
A Step in the Right Direction
Cork County Council's commitment to providing affordable housing options is evident in the launch of this new scheme. The development at Meadowlands is a testament to their ongoing efforts to address the housing crisis. Speaking on the announcement, Mayor of County Cork Cllr. Joe Carroll stated: “Cork County Council is delighted to announce the launch of this Affordable Housing Scheme in Macroom. The development at Meadowlands is in a great location, withing walking distance of Macroom town centre and around 30 minutes’ drive to both Cork City and Killarney. The provision of these houses shows the Council’s continuing progress under the Government's ‘Housing for All’ national housing plan.”
This scheme is a vital step towards ensuring that homes are accessible and affordable for those who need them. It is a positive example of how local authorities can play a crucial role in providing sustainable solutions to the ongoing housing crisis in Ireland.
A Call to Action
If you are interested in applying for one of these affordable homes in Macroom, it's essential to submit your application promptly. Due to the high demand for affordable housing, applications are expected to be numerous. Don't miss this opportunity to secure a home at a price that is attainable for many, submit your application on the Council's website before the deadline.
This new development is a step in the right direction towards a more equitable and accessible housing market in Ireland. It's a cause for optimism, showing that there is hope for a future where affordable housing is within reach for more people.
