Applications open for 12 new Cost Rental homes in Kilkenny at 25% below market value

Clúid, Ireland’s leading Approved Housing Body (AHB), has opened applications for 12 brand new two- and three-bed Cost Rental homes at its new development in Burrells Walk, Kilkenny.

Applications for new Cost Rental homes at Burrells Walk, Callan Road, Kilkenny are now open and will close at 5pm on Wednesday 1 October. Interested applicants will be able to apply for one of the six brand new two-bed apartments, with a rent of €1,200 per month, or one of the six three-bed duplexes with a rent of €1,350 per month. This rent is a 25% discount on comparable homes in the area. In addition to the low cost to run these brand-new A-rated homes, Cost Rental residents will also benefit from secure, life-long tenancies and high-quality, responsive management and maintenance.

The homes are set within Burrells Walk, an estate conveniently located within walking distance of Kilkenny City and its many amenities. The homes are set within landscaped green areas, complete with a playground and benches for the new residents to enjoy the outside space. The homes are unfurnished, to allow residents to put their own stamp on the space, but include flooring, blinds and white goods (fridge-freezer, dishwasher, oven and hob, microwave and washer-dryer).

Applications will be open for two weeks, and Clúid expects residents to begin getting their keys in late October. Those interested in a long-term, secure tenancy in one of these homes need to register their interest online, via www.cluid.ie/cost-rental, and upload supporting documentation to the online portal. Documents required include proof of identity, bank statements to prove household income, and employer and landlord references.

Colin Byrne, Head of Affordable Rental, Clúid Housing, said: “These new homes are well-located for enjoying all that the vibrant city of Kilkenny has to offer, so we expect high levels of interest. While applications are open for two weeks, we encourage potential applicants to read the FAQs on the Clúid website and start gathering their documents now, in order to secure their place in the lottery for a chance to rent one of these high-quality, secure homes at a fair price.”

Mayor John Coonan, speaking on behalf of Kilkenny County Council, commented: “We are pleased to see the successful delivery of 12 new cost rental homes in Burrells Walk Kilkenny, developed by Carin Homes in partnership with Clúid Housing. This collaboration marks a significant step forward in providing high-quality, affordable housing options for the local community. This initiative reflects Kilkenny County Council’s ongoing commitment to delivering sustainable housing solutions that meet the needs of a diverse population, while supporting the broader goals of housing affordability and community development.”

Cost Rental is a new, secure form of rental housing tenure in Ireland, designed for people whose income means they don’t qualify for social housing or other support, such as HAP, but who still struggle to rent on the open market. All Cost Rental homes have their rents set at a minimum level of 25% below the local market rents. The rents in Cost Rental homes are set to cover the cost of construction, maintenance, and operation of the development, ensuring long-term affordability for residents.

To be eligible to rent one of these new Cost Rental homes, applicants must be able to prove:
• Their net household income is below €59,000 per year
• They are not receiving any social housing supports, such as HAP or Rent Supplement
• They can afford the rent
• They don’t own a property
• The household is the correct size for the home

These new Cost Rental homes were delivered by Clúid in partnership with Kilkenny County Council, and with the support of the Department of Housing, Heritage and Local Government, The Housing Agency and the Housing Finance Agency.

Find out more and apply now at cluid.ie/cost-rental