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Housing plan reaction - new plan a 'critical intervention to address housing deficit'

Glenveagh Properties CEO said today's housing plan builds on a series of important Government measures introduced over the last 11 months
Glenveagh Properties CEO said today's housing plan builds on a series of important Government measures introduced over the last 11 months

Business group Ibec has welcomed the publication of the Government's housing plan.

It said the 300,000 home target is a "critical intervention to address the housing deficit, which has an outsized influence on our economy and society".

Ibec's Head of Infrastructure and Environmental Sustainability Aidan Sweeney said the plan "aligns with what business needs, but this now needs to be the catalyst for significant movement on delivery".

"The plan rightly identifies that we need a holistic mix of housing types and tenures for students, young professionals, and families," he said.

"The key now is relentless implementation. Government must ensure the new Housing Activation Office and planning reforms deliver results on the ground without delay," he added.

Chambers Ireland

Chambers Ireland said today while the new housing plan outlines important measures, the focus must now shift to implementation and overcoming systemic barriers.

Chief executive Ian Talbot said the plan is a further step in the right direction.

"The measures announced today have the potential to aid availability and affordability in the long run but the real measure of success will be delivering at scale," he said.

He said that achieving these objectives will also require strengthening infrastructure capacity so that water and wastewater, energy and transport infrastructure can support new developments.

Ian Talbot

"We're also asking Government to focus on the issues in planning that are yet to be resolved. Planning processes must be streamlined to reduce delays and uncertainty, while investment in skills and modern construction methods will be essential to accelerating housing delivery over the next few years." Ian Talbot stated.

"Ireland's continued competitiveness cannot be taken for granted and critical actions across many areas of infrastructure shortfalls to facilitate housing delivery are also required," he added.

Property Industry Ireland

Property Industry Ireland (PII), the Ibec group for businesses working in the property sector, said today's housing plan marks an important move to policy certainty and the implementation stage of delivering more homes over the coming years.

PII Director David Howard said the Government has taken some very important steps in recent months to support viability of home building across all tenures, including the VAT and Corporation Tax measures announced in Budget 2026.

"While these will be impactful, further measures that have been flagged including reform of Judicial Reviews and the ongoing work of the Housing Activation Office are important in delivering the infrastructure needed," Mr Howard said.

"Likewise, the enacting of the rent reform Bill to give effect to Government’s policy decisions earlier this year will be an important stage in delivering more rental units," he said.

"Implementation and engagement over the coming months across all levels of Government continues to be key, including on the roll-out of the revised National Planning Framework and the Section 28 Guidance. The property and construction industry look forward to continuing to work with Government in increasing housing numbers," he added.

AIB

AIB said today's housing plan provides an important pathway for all stakeholders involved in housing delivery to follow, as they work together to further enhance levels of supply.

The bank said it is "strongly committed" to continuing to play its role in helping to create the optimum conditions for new homes to be built in Ireland for all those who need them.

"As part of Delivering Homes, Building Communities 2025-2030, we will continue to support homebuilders with debt and equity finance, as well as explore new commercial opportunities alongside the Ireland Strategic Investment Fund (ISIF) and other potential partners," AIB said.

"We will also work with the relevant Government agencies and representative bodies to help to create a mentoring programme for smaller developers," it added.

AIB said its lending spans the full cycle of the housing journey, from land purchase to housing developments, to those looking to buy their own home.

It said that over €3 billion was provided in residential development and investment finance in the Irish market at the end of the third quarter of this year.

"As demand grows, we have the ability and the appetite to increase our lending further to help ensure there is more than sufficient funding for residential development in the market," it said.

Glenveagh Properties

Stephen Garvey, CEO of Glenveagh Properties, said today's housing plan builds on a series of important Government measures introduced over the last 11 months.

"In this relatively short timeframe, there have been significant decisions, such as the National Development Plan's substantial housing and infrastructure budget, the review of rent pressure zones, the new VAT rate on apartments, updates to the National Planning Framework, new apartment guidelines, the establishment of Housing Activation Office, extensions to planning permissions, and most recently, plans allowing developers to construct wastewater treatment plants," he noted.

Stephen Garvey

Mr Garvey said the priority now must be consistent and speedy implementation.

"In line with this, several key actions must be taken. Addressing the remaining barriers, most notably the legislative planning environment, is critical for Ireland to fully capitalise on these policy advances," he said.

"We eagerly await the Accelerating Infrastructure Taskforce’s action plan, which will be key to unlocking rapid delivery. Prompt court decisions on critical schemes, such as the Greater Dublin Drainage Project, and the new apartment guidelines, are essential," he stated.

"Equally important is the variation of County Development Plans by local authorities to zone more land for housing, as directed by the Minister for Housing," he added.

Irish Planning Institute

The Irish Planning Institute, (IPI), the all-island professional membership organisation representing professional planners, has welcomed the publication of the National Housing Plan today.

Gavin Lawlor, President of the IPI, said that as professional planners, members of the IPI are at the coalface of housing delivery, including identifying suitable lands for housing development and preparing and assessing applications for new residential projects.

"All levers to increase housing supply are to be welcomed, but we must also recognise that it will take time for our housing delivery system to get from where we are now to where we need to be to deliver the ambitious housing targets set out in this plan," he said.

"Members of the IPI will not be found wanting when it comes to delivering on this new National Housing Plan and will ensure the increased housing supply targets are delivered in line with planning regulations and sustainable development guidelines," he added.

Land Development Agency

The Land Development Agency (LDA) has welcomed the Government's provision of €2.5 billion in new equity capital and the decision to expand the agency's role.

The LDA said the new funding will allow it continue to ramp up its delivery of affordable and social housing and to further develop its housing pipeline and land portfolio.

In 2026, the LDA is targeting the annual delivery of just under 2,000 new homes. Subject to planning, its output is then expected to rise to more than 3,000 new homes a year by 2027.

John Coleman, the chief executive of the LDA, said the agency already has an extensive project pipeline with more than 20 sites either under construction or advancing to construction.

"We are continuously adding to our land portfolio through the strategic acquisition of new development sites that will allow us to significantly increase our output of affordable housing at scale," he said.

"Our current activity and increased funding levels mean we are now well positioned to become the State’s largest producer of homes by 2028 and to deliver 14,000 homes between now and 2029," he said.

"This level of delivery will add significantly to the homes being delivered by others in the State sector and by private developers. It will also create thousands of opportunities for would-be homeowners to buy a new home and for renters to secure a high-quality, newly-built and affordable home in thriving new communities," he added.

Sherry FitzGerald

Welcoming today's plan, estate agents Sherry FitzGerald said the delivery of key infrastructure projects will be an essential element to ensure that this housing plan comes to realisation.

Marian Finnegan, Sherry FitzGerald's CEO, said it is an "ambitious effort" to expand on the changes and investment brought forward by the Department of Housing and the wider Government this year.

"The report also provides clarity and stability for the housing market for the next four years, improving decision-making for key stakeholders," she added.

She also said the plan acknowledges that we are in a housing crisis and highlights the cross-body collaboration that will be required to increase housing delivery at both pace and scale.

"The report underlines that there is a need for long-term planning and synchronised efforts by the Government, alongside local authorities, the construction sector, approved housing bodies and service providers," she added.