*Cllr Gerry Flynn. Photograph: Eamon Ward

Bulk buying by vulture funds needs to be prohibited by the Minister for Housing, a Shannon representative has argued.

Clare County Council are to request Minister for Housing, Darragh O’Brien (FF) to change the requirements under Part V of the Planning and Development Act 2000.

This is so the mandatory increase on developers to 20% in the Housing for All policy will “be entirely focused on the delivery of affordable housing and the social element be removed as it is causing considerable difficulties for developers who are in the business of building private housing,” Cllr Gerry Flynn (IND) outlined.

Flynn who is the Chair of the Social Development Strategic Policy Committee (SPC) which has responsibility for housing also called on Minister O’Brien “to prohibit bulk buying by vulture funds in order that private development is available to owner occupiers”.

Proper resources are needed for local authorities to deliver social housing, Cllr Flynn said as he urged the Minister to expand the Local Authority Home Loan Scheme aimed at single applicants to counties other than Dublin, Cork and Galway.

Reports that Clare will not get an affordable housing scheme under the Housing for All plan was labelled as “very worrying” by Flynn. He said a change in the banding system also needs to be considered, “it hasn’t been changed since 2011”.

Maximum household income limits, to qualify for Housing Assistance Payment, are organised under three “bands” depending on the area in which a household wishes to rent. Band 1 covers the four Dublin local authorities plus Cork City, Meath, Kildare and Wicklow, the maximum annual net income thresholds are €35,000 for a single person and €42,000 for a family with children. Band 2 is comprised of Limerick City and County, Cork County, Kerry, Kilkenny, Louth, Wexford, Waterford City and County, the net income thresholds are €30,000 and €36,000.

Clare is included in Band 3 alongside Carlow, Cavan, Donegal, Galway County, Laois, Leitrim, Longford, Mayo, Monaghan, Offaly, Roscommon, Sligo, Tipperary and Westmeath, the limits are €25,000 and €30,000.

Cllr Donna McGettigan (SF) said she had concerns over elements for social housing being removed. “I do like the aspect to prohibit bulk buying from vulture funds”.

“I know we’re in the provision and entirely focused on provision of social housing, I’m saying 20% on affordable which is there to encourage developers to get back on the pitch and build houses. The social element is well covered, I think we’re over egging it to a certain degree,” Flynn replied.

Related News

Screenshot 2025-11-07 101550
Ennis Tennis & Badminton Club raises over €6,300 for Breast Cancer Ireland
MHP Sellors LLP win National Law Firm of the Year 2025 at the Irish Law Awards
‘People should shop around for the right solicitor’ - MHP Sellors boss Stephen Keogh
o'connell square street public realm works 23-09-25 1
Pain of Ennis public realm works will be 'worth the inconvenience'
clare flag st josephs tulla v de la salle 22-01-22 26
Former newspaper editor, GAA development manager & sports officer on Clare GAA Head of Operations shortlist
Latest News
st flannans college v cashel community school 05-11-25 darragh mcnamara 2
St Flannan's & St Joseph's Tulla prevail in second round of Harty Cup
bridge utd v avenue utd 19-10-25 filip mostowy darragh whyte 1
Home comforts await Clare clubs in fourth round of Munster Junior Cup
clare flag st josephs tulla v de la salle 22-01-22 26
Former newspaper editor, GAA development manager & sports officer on Clare GAA Head of Operations shortlist
shannon shamrock 04-06-20 1
Appeals lodged over plans for housing on Shannon Shamrock site in Bunratty
ge24 election count 01-12-24 timmy dooley liam wiley liam hayes alan o'callaghan 1
Fiery Fianna Fáil AGM could be on the cards as members left 'hurt' over Presidential election
Premium
Fiery Fianna Fáil AGM could be on the cards as members left 'hurt' over Presidential election
Search for Considine's successor as CEO underway but no imminent appointment announcement
Scariff's Anthony among contenders for powerful European Commission job
Mayor Murphy 'still baffled' by Fine Gael failing to nominate Carey to Seanad
'It was a late call-up but late ones are the best' - Hynes kicks off Oscar Traynor tenure with a win

Subscribe for just €3 per month

If you’re here, you care about County Clare. So do we. Did you rely on us for Covid-19 updates, follow our election coverage, or visit The Clare Echo every week for breaking news and sport? The Clare Echo invests in local journalism and we want to safeguard its future in our county. By becoming a subscriber you are supporting what we do, will receive access to all our premium articles and a better experience, while helping us improve our offering to you. Subscribe to clareecho.ie and get the first six months for just €3 a month (less than 75c per week), and thereafter €8 per month. Cancel anytime, limited time offer. T&Cs Apply. www.clareecho.ie.