Budget 2024: Housing charity and Opposition criticise tax relief for landlords
Budget 2024: The allocation of €244 million for homelessness services in 2024 is as stark a sign as any of the depth of a crisis that still seems very far from resolution. Illustration: Paul ScottAfter relentless interest rate increases, a new round of temporary mortgage interest tax relief will help 165,000 borrowers next year. At a cost of €125 million, the measure is dwarfed by the billions of euro set aside to build new social homes and support the delivery of affordable housing.
Some 12,691 people were without a home in September, including a record number of children. The money required for homelessness services cannot be spent building the homes needed to prevent homelessness itself. Amid great personal hardship for those with no home, this reflects grave policy failure over a prolonged period in a booming economy.
Budget 2024 includes €4.1 billion for the Housing for All master plan: €2.6 billion in capital spending, and €1.5 billion in current day-to-day spending. Additional money from the Land Development Agency, set up to build homes on State land, and funds lent by the Housing Finance Agency, will bring the overall capital provision above €5 billion next year.
España Últimas Noticias, España Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Budget 2024: Union urges ‘bespoke’ housing measures for nurses in Ireland“Bespoke” housing measures are needed to keep nurses in Ireland and address retention crises, according to INMO
Leer más »
Budget 2024: Political pressure drives Government’s €14bn giveaway budgetAnnouncing an expansionary budget when economy is at full employment and inflation is high appears to be politically motivated
Leer más »
Budget 2024: How much tax did you save on Budget Day?Budget 2024: How much tax did you save on Budget Day?
Leer más »
Budget 2024: What’s in the budget for young people starting their careers?Budget 2024: From reduced public transport fees to an increase in the minimum wage, the Government has introduced a series of measures aimed at helping younger people
Leer más »
Budget 2024 calculator: How this year’s budget will affect your disposable incomeWhat does the budget mean for you and your money? Use the PwC interactive calculator to help you estimate your taxes and disposable income for the year ahead
Leer más »