The Taoiseach Leo Varadkar has indicated that the Government will look at financing the building of apartments where tenants would be offered affordable rents.
On Tuesday the Cabinet will consider a package aiming to reduce the cost of construction as well as increasing the pace at which derelict properties are renovated for new housing.
A spokesperson for the Taoiseach said: "Housing for All is working, with 400 or more first time buyers a week now purchasing homes, the highest since the Celtic Tiger.
"We have the best social housing output since the 1970s, commencements are bouncing back, and we are likely to meet our overall supply target again this year."
The housing package going to Cabinet on Tuesday follows on from advice the Housing Commission and the Taoiseach's Housing Summit gave to the Government back in January.
Junior Minister at the Department of Agriculture Martin Heydon told RTÉ's The Week in Politics that subsidising the building of affordable rental apartments, improved finance to incentivise people to renovate vacant and derelict homes, and advancing planning permission on apartment developments are among the proposals to be considered by Cabinet next week.
Martin Heydon said while Housing for All is delivering, housing remains a huge challenge for the Government.
Yesterday it was announced that grants to renovate vacant homes are set to be increased under plans the Minister for Housing Darragh O'Brien will also bring to Cabinet on Tuesday.
The move is aimed at addressing the rising cost of building materials and it will be funded from the existing housing budget.
Sinn Féin's spokesperson on housing, Eoin Ó Broin, accused the Government of "desperately scrambling to shore up their failing housing plan".
In a statement released today, Mr Ó Broin said: "While the scheme itself is not objectionable, it is badly designed, under-funded and lacks ambition. Just over 600 vacant and derelict homes are to be brought back into use a year under the scheme.
"Last year not a single refurbishment grant was drawn down. Many lenders are also refusing to allow mortgages to be drawn down until legal issues with the refurbishment grant clawback are resolved.
"It is not clear whether Government is increasing the overall funding for the scheme or increasing the very modest targets.
"However what is clear is that Government is desperately scrambling to shore up their failing housing plan," said Mr Ó Broin.
Wayne Stanley, Executive Director of the Simon Communities of Ireland, said that there will be a "very difficult summer" ahead for homeless families.
Speaking on RTÉ's This Week programme, Mr Stanley said: "What we're seeing across the country, before they [tenants] would have been trying to find alternative accommodation in the rental sector, those options are drying up."
He said the immediate solutions are the tenant in situ scheme and he advised people to get in touch with their local authority if their landlord is selling up.
He added that more properties need to come online but for those that are there, allocations needs to be looked at, such as allocating them to homeless people while public housing is ramped up.
On the summer use for hotels and B&Bs, Mr Stanley said there were concerns as the lifting of the eviction ban will mean a return to the levels of increases in family homelessness seen towards the end of 2022.
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