First time buyers interested in purchasing a property at an affordable price are being handed a lifeline by Clare County Council and Ennis Town Council.
The local authorities will host an information event on Affordable Housing in Glór Music Centre, Ennis on Wednesday 12th March 2008 from 3.30-8pm. Members of the public will be provided with details of available properties throughout County Clare, as well as information on financing and eligibility criteria.
To date, a total of 196 houses have been made available as Affordable Homes and it is expected that a further 50 will come on stream later this year. Currently, there are affordable properties available at Crusheen (prices average €179,000), Clarecastle (€184,000), O’Briensbridge, Ennis and Sixmilebridge (€185,000), Newmarket-on-Fergus (€194,200), Miltown Malbay (€199,250), and Lisdoonvarna (€200,000).
To qualify for affordable housing applicants must be a first time buyer, as a guide earn between €25k and €40k per annum, be currently employed in full time employment and must occupy the house on a full time basis. Single persons and couples may apply. If the house is sold within 20 years the applicant will have to pay back a percentage of the sale price to the Local Authority.
