Cork County Council Announces 23 Affordable Homes in Carrigtwohill
A new affordable housing development in Carrigtwohill will open for applications in two weeks’ time. Cork County Council is inviting prospective homeowners to apply for the new three bed houses at Baile Adaim, which are being offered at a discounted rate, from 12 noon on Monday the 7th of October 2024.
The development of 23 A-rated, family homes is in a new development situated a short distance from Carrigtwohill village, offering the serenity of rural living with convenient proximity to Cork City. Constructed by Geaney Group, the houses will generally be available for first-time buyers who do not own a home (although a small number of exceptions apply) and Fresh Start Applicants.
Welcoming the new affordable homes, Mayor of the County of Cork, Cllr. Joe Carroll said,
Through the Scheme, purchasers will enter an affordable dwelling purchase arrangement with Cork County Council. Under this arrangement, the Council will retain a percentage equity share in the dwelling, equal to the difference between the market value of the dwelling and the price paid by the purchaser, expressed as a percentage of the market value of the dwelling (minimum of 5%).
Chief Executive of Cork County Council, Moira Murrell added,
Applications for the scheme will be accepted between 12 noon on the 7th of October 2024 and 12 noon on the 28th of October 2024 via the online application portal on Cork County Council’s website www.corkcoco.ie
Further information on this scheme and other upcoming schemes, such as the Meadowlands, Macroom, which opens on Monday the 30th of September is available on the website on the 'Affordable Housing' page of this website.