It’s claimed that allowing couples earning €100,000 a year to apply for an affordable housing scheme, makes a ‘mockery’ of the word affordable.
According to the Irish Independent, high earners who have two letters of refusal from mortgage lenders will be eligible for the Affordable Housing Fund to which local councils provide an interest free equity stake in new homes.
Sinn Fein’s Housing spokesperson Eoin O’Broin is quoted as saying the eligibility criteria is too broad and will see ‘scare resources’ going to people who don’t need it.