Rental income and the Fair Deal program

There is no doubt that the crisis can be a catalyst for change, and nowhere is it more prevalent than in the U-turn in Ukrainian refugee housing. As tens of thousands continue to arrive on our shores, the state has had to turn around to ensure they have a place to live, especially over the longer term.

A plan proposed by Housing Secretary Darragh O’Brien is to amend the Fair Deal scheme to allow care home residents to keep rental income from vacant homes if they are used to it from the war to house broken families. It is not known how many of these houses exist and they are not all suitable, but estimates of up to 8,000 are probably accurate.

https://www.independent.ie/business/personal-finance/rent-income-and-the-fair-deal-scheme-41535452.html Rental income and the Fair Deal program

Fry Electronics Team

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