Public Consultation on the Mid Rent Housing Option

Closes 10 Dec 2020

Opened 29 Oct 2020

Overview

The purpose of this consultation is to gather views about Mid Rent Housing and focuses on the access and eligibility aspects of mid-rent as a new affordable housing product. 

Mid rent housing is a affordable housing product designed to assist those that may not be eligible for Public Sector Housing to access a property with affordable rent, in order to assist them to save for a deposit to purchase their first home.

In previous consultations the public expressed a wish for the principle of mid-rental and rent to buy to be an option for housing, therefore the Department has, since 2017, been operating a de minimis pilot (‘scheme’) for 5 mid-rental properties in Cronk Cullyn, Colby, which has been successful. Following the popularity and demand for this housing option we would like to develop a formal policy to support the Department’s intention to have more mid rent properties available around the Island.

Why we are consulting

The purpose of this consultation is to invite comments on the draft eligibility & allocation criteria, its relevance and fairness, and to seek views as to whether further revision is required as part of the policy development. The feedback received from the consultation will be used in drafting a mid-rental Allocation Policy prior to consideration by Tynwald.

Areas

  • All Areas

Audiences

  • All residents

Interests

  • Housing