Under the scheme, which is governed by the Residential Tenancies Act 2004, the landlord, tenant and local authority enter into a three-way agreement. The local authority pays rent directly to the landlord and nominates a tenant who has been assessed as having a long-term housing need. The landlord will then continue to manage the tenancy and maintain the property.

Who can avail of the scheme?

Landlords with vacant or available properties are eligible to take part in the scheme, and they must register the tenancy with the Residential Tenancies Board. Properties must be vacant or newly built, fully furnished and compliant with rental standards. Local authorities will carry out inspections to ensure that properties are suitable.

What are the key benefits of the RAS Dublin Pilot Scheme?

The RAS Dublin Pilot Scheme is an enhanced Rental Accommodation Scheme, led by Dublin City Council in partnership with Fingal County Council, South Dublin County Council, and Dún Laoghaire–Rathdown County Council. 

It is supported by the Department of Housing, Local Government and Heritage.

Visit www.dublincity.ie/raslandlords for more.

Feature image: Pexels

• Monthly rent is paid in full and on time by the local authority.
• Landlords can get up to 100% of the market value for the property.
• Long-term contracts of up to eight years are available, offering income certainty for landlords.
• Zero advertising costs as the local authority sources and nominates tenants.
• Continuous payments – rent payments will continue, even during vacancy periods.
• Landlords are potentially eligible for 100% mortgage interest tax relief, subject to Revenue guidelines.