Applications to open shortly for new affordable housing scheme in North Cork

Cork County Council will soon begin accepting applications for a new Affordable Housing Scheme in Mallow that is being progressed on behalf of the Land Development Agency.

Applications for the new three- and four-bedroom houses at Clonmore, Ballyviniter, will open at 12pm on Monday.

Constructed by the O’Flynn Group, the houses will generally be available for first-time buyers who do not own a home and Fresh Start applicants. A small number of exceptions apply.

Set in the Blackwater Valley, the development is within walking distance of Mallow town centre and adjacent to a mature residential area.

A minimum of eight three-bedroom houses will be available from €275,000, representing a reduction of approximately 21.4% from market value and a minimum of two four-bedroom houses from €295,000, representing a reduction of approximately 20.2% from market value.

Mayor of the County of Cork councillor Frank O’Flynn said: “Mallow offers an excellent choice of educational and recreational facilities for families.

“Cork County Council is delighted to launch this Affordable Housing Scheme in Mallow.

“Clonmore offers A-rated homes with the convenience of urban dwelling combined with the benefits of a rural lifestyle, providing houses in a well-designed, landscaped setting.”

Through the Affordable Housing Scheme, purchasers will enter an affordable dwelling purchase arrangement with Cork County Council.

Under this arrangement, the Council will retain a percentage equity share in the dwelling, equal to the difference between the market value of the dwelling and the price paid by the purchaser, expressed as a percentage of the market value of the dwelling (minimum of 5%).

Applications for the scheme will be accepted between 12pm on June 24 and 12pm on July 15 via the online application portal on Cork County Council’s website www.corkcoco.ie.

Further information on the scheme and other schemes, including the Scheme of Priority, guide to making an application, and the documentation required is also available on the website.