The Land Development Agency has submitted a planning application to An Bord Pleanála for a Strategic Housing Development (SHD) in Hacketstown in Skerries in North County Dublin.
The 6.9-hectare site was made available to the LDA by The Housing Agency and will provide 345 homes, subject to planning approval.
The LDA was created in September and it aims to improve the supply of affordable homes for individuals and families through the development of State and other land to deliver long-term sustainable solutions.
Located 1.5km to the south of Skerries on a greenfield site, the new development will include both cost rental and affordable homes for purchase delivered through the Government's Housing for All policy.
The planned homes will include 39 three-bedroom houses, 118 three-bedroom apartments and duplexes, 104 two-bedroom apartments and duplexes and 84 one-bedroom apartments.
The new development will also include a 377 sqm creche, 414 car parking spaces and 746 bicycle spaces.
The development will prioritise walking, cycling and public transport with Skerries rail station situated about 1km from the proposed new homes.
Public open space, which will include parkland and a new public square, will account for a quarter of the entire site area.
Last week the LDA submitted plans to build over 800 new homes in Balbriggan, and almost 1,000 new homes on the site of the Central Mental Hospital in Dundrum.
Construction is due to start this year on the State's largest affordable housing scheme In Shanganagh in South Dublin while work is also set to begin on the building of 265 homes on the site of the former St Kevin’s Hospital in Cork city.
John Coleman, the LDA's chief executive, said that Hacketstown is another example of the progress being made on the agency's development pipeline to bring the prospect of thousands of new affordable homes a step closer.
"Hacketstown's proximity to Skerries, the coast and Dublin city centre through public transport links makes it a location with excellent potential for a sustainable community," he added.