The net household income limit of €53,000 for Cost Rental was set in December 2021, at the time of the first delivery of Cost Rental homes. The real value of this has been eroded by significant inflation since then as capital costs, interest rates and prevailing rents in the private market have all increased. In response new income limits have been agreed which will apply across the Cost Rental sector to all delivery streams – by AHBs, Local Authorities, the LDA, and any Cost Rental landlord. The national net income limit will be raised to €59,000, while a specific Dublin limit will be set at €66,000, to have effect from 1 August 2023.