Applications for up to 20 new affordable homes in North Cork will be accepted by Cork County Council next month.<\/p>\n
The new houses at Pulleen in Kanturk, constructed by Vella Homes, will be available for first-time buyers who do not already own a home, and Fresh Start applicants.<\/p>\n
The development, consisting of 20 new A-rated dwellings, comprises a mix of two two-bedroom mid-terrace houses, two two-bedroom bungalows and 16 three-bedroom end-of-terrace\/semi-detached houses.<\/p>\n
The mid-terrace homes will be available for purchase from \u20ac260,000, representing a reduction of 22.3% from market value; the bungalows from \u20ac315,000, marking a reduction of 19.2% from market value; and the end-of-terrace\/semi-detached homes from \u20ac295,000, at a reduction of 20.2% from market value.<\/p>\n
The Mayor of the County of Cork, councillor Mary Linehan Foley said Cork County Council is \u201ccommitted to delivering high quality, affordable homes for the people of Cork\u201d.<\/p>\n
\n \u201cThis new opportunity in Pulleen, Kanturk, demonstrates our ongoing dedication to sustainable communities and ensuring that families can build their lives in the areas they love,\u201d\u00a0\n <\/p>\n
Ms Linehan Foley said.<\/p>\n
Through the scheme, purchasers will enter an affordable dwelling purchase arrangement with the local authority, which will retain a percentage equity share in the dwelling, equal to the difference between the market value of the home and the price paid by the purchaser.<\/p>\n
Applications for the scheme will be accepted between 12pm on February 3 and 12pm on February 23 via the online application portal.<\/p>\n