Funding to deliver the Northern Ireland Intermediate Rent Housing Scheme: application guidance

Date published: 15 May 2024

Last updated: 30 August 2024

The competition to award funding to support the delivery of a new supply of Intermediate Rent homes closed to applications on 23 August 2024. The outcome of the competition will be available in due course.

The award intends to support the delivery of 300 new Intermediate Rent homes, and the Department is seeking to work with an organisation (or multiple organisations working as one) who will act as the Intermediate Rent Operator. The Operator will also let these homes to eligible tenants in line with the Intermediate Rent policy.

The award will be available in the form of a long-term low interest Financial Transactions Capital (FTC) loan.

How to apply for funding to act as Intermediate Rent Operator

Full details of the funding package, eligibility criteria, Operator’s contribution, and how applicants could apply are contained in the application guidance (available at the link below).

Answers to clarification questions received were published periodically while the competition was live.

Details

The Department has reviewed the equality impacts associated with the funding arrangements and an equality screening has been published.

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