Repair and Leasing Scheme
Expressions of Interest are sought from owners of vacant houses and commercial properties for the Repair and Leasing Scheme (RLS).
What is the RLS?
The aim of the Repair and Leasing Scheme is to bring vacant houses or commercial properties back into use as homes for households who are on the Housing Waiting List.
Under the Scheme, the Council (or an AHB) provides an interest-free loan of up to €80,000 to repair vacant properties and bring them up to rental standard. In return, the refurbished homes will be leased to the Council (or an AHB) and the property owner will receive a regular income based on a percentage of market rent, with the loan repaid as a reduction in the lease payment over an agreed term.
Further Information
Full details of the RLS available HERE.
Repair and Leasing Scheme Pathway
Information on the tax treatment of RLS is available on the website of the Revenue Commissioners.
Where can I apply?
If you are interested in the RLS, please contact us at info@donegalcoco.ie
If you wish to submit an Expression of Interest, please complete the Application Form