Galway City Council welcomes the LDA announcement this week of 345 new homes being delivered in partnership with the Rhattigan Group at the Crown Square Campus.
The new A-rated apartments will be made available as Cost Rental (310) and social housing (35), with the first apartments to be completed by Q4 2026.
This is the first Cost Rental scheme of significant scale in Galway City, following on the Claí Mór, Monivea Road scheme with 28 cost-rental units.
Cost Rental is a new form of tenure in Ireland, designed to address the affordability and security challenges faced by renters. Cost rental homes provide secure long-term tenancies at rates that are around 25% lower than the local market rate. These homes are aimed at people on middle incomes who may have difficulty paying rent in private accommodation but who also do not meet the income criteria for social housing support.
Speaking about the announcement, Elizabeth Fanning, Director of Services, said, “Galway City Council welcomes this significant investment in housing for the city, which aligns with our commitment to facilitate delivery of social, affordable, and cost rental homes in Galway. This development will provide much-needed homes for residents, ensuring they have access to high-quality accommodation within easy reach of essential amenities and services. We look forward to our continued collaboration with the LDA and The Rhatigan Group to ensure the successful completion of this project and to continue addressing the housing needs of our city.”