Who are we?
Clúid Housing is an award winning, not-for-profit charity providing over 6500 affordable, high quality homes to people in housing need. Established in 1994, Clúid has grown to become the largest approved housing body (AHB) in Ireland.
AHBs are independent, not-for-profit charities that provide affordable high quality housing for people who cannot afford to buy their own home or pay for private rented housing. There are currently nearly 90,000 households on local authority waiting lists for social housing. At a time of a growing need for social housing, Clúid’s work has never been more important.
Although Clúid is a not-for-profit charity, our team knows it is essential that we operate efficiently and effectively and ensure that our financial stewardship is of the highest standard. Acting in this way enables us to maintain financial sustainability and achieve our social objectives. All profits generated by Clúid are reinvested back into the organisation in order to further our social mission. This innovative model – a pairing of business and charity – creates a unique and highly effective response to housing need in Ireland today.
What is social housing?
Social housing is affordable rented housing for people on low incomes. It is provided by local authorities and approved housing bodies. People who are eligible for social housing register on housing waiting lists that are managed by local authorities. Currently there are about 90,000 households on lists across the country; of these about 30,000 to 40,000 are living in seriously unsatisfactory housing.
Tenants of social housing pay a differential rent which is based on their income. So if their income goes up, their rent goes up, and if their income goes down their rent goes down. Here’s the facts…
- Social housing makes up 10% of all housing in Ireland
- Local authorities in Ireland provide a total of 107,000 social housing units
- 500 housing associations provide 27,000 housing tenancies
- 95% of housing associations own less than fifty units
- Only 10 housing associations own more than 300 dwellings
- Only two have more than 4,500 tenants
What is Clúid’s role in social housing?
In the past, local authorities provided nearly all social housing. However in recent years, housing association provision has increased greatly, and during the last ten years, housing associations have provided a quarter of all new social housing.
Clúid aims to maximise business success as a housing association. We operate as efficiently and effectively as possible and aim to ensure that our financial stewardship is of the highest standard. Surpluses are reinvested back into the organisation to further our social mission. This social mission is at Clúid’s core. It is what drives us to realise our ambition. We work with partners who share a similar mission and apply corporate instruments such as private finance to respond creatively and effectively to the huge demand for social housing in Ireland.