Over 4,200 apply for 104 Cost Rental Homes at Tuath Housing Shankill development
Tuath Housing ramps up investment as over 4,200 apply for 104 cost rental homes at new Shankill development.
The Coolevally development in Shankill includes 198 one and two-bedroom apartments, with 104 Cost Rental homes provided in April and 94 social homes in late 2025. Delivered in partnership with Dún Laoghaire-Rathdown County Council and Cairn, this development was supported by funding from the Department of Housing, the Housing Agency and the Housing Finance Agency.
With €865 million invested in the acquisition and construction of new homes during 2025, Tuath Housing delivered 2,268 homes last year bringing the total number under its management to approximately 18,000. Housing around 42,000 people nationwide, Tuath today launched its 2025 Annual Report as it opened the Coolevally development in Shankill.
As Ireland’s largest Approved Housing Body, Tuath provides affordable housing, particularly to those above social housing income thresholds but unable to afford private rents . They are the leading provider of cost rental homes in the country and their stated aim is to provide “long-term rental homes for working households who are often caught between social housing eligibility and the private rental market”.
Increasingly, Approved Housing Bodies have partnered with local authorities to deliver social and affordable housing, with Tuath Chief Executive Sean O’Connor calling for “greater collaboration and consolidation” to support the long-term sustainability of the sector. He said their focus on delivery, paired with a “laser focus on reducing the cost of production” of new homes, can ultimately lower costs across all tenures.
Tuath now manages over 770 homes in the Dún Laoghaire-Rathdown area, with over 420 homes scheduled in their joint delivery pipeline. However, Mr O’Connor stressed that if they are to continue delivering homes at the level required, the sector also needs to evolve through the reduction of construction costs across the system.
Cathaoirleach of Dún Laoghaire-Rathdown Councillor Barry Saul welcomed the “significant level of investment” in developments like Coolevally and said their collaboration with Tuath represents a “shared commitment to addressing housing need”. “As demand continues to grow, it is essential that we support models such as cost rental and scale up delivery to ensure more people can access secure, affordable homes in our county,” he said.
Minister for Housing James Browne also highlighted the “vital role” bodies like Tuath play in delivering “an unprecedented level of new social and affordable housing”. He described the Shankill development as an “excellent example of that partnership in action”.
“Through the Housing Action Plan, Delivering Homes, Building Communities, we are making a record investment to provide 90,000 affordable housing supports and deliver 72,000 social homes, while working towards ending homelessness by 2030 ,” he said.
“Supporting Approved Housing Bodies is central to achieving these ambitious targets. We are committed to strengthening their capacity, delivery capability and specialist expertise so they can operate at scale. By empowering AHBs to grow and deliver, we can accelerate homebuilding and create lasting, positive change for people and communities across the country.”