Irish government scheme to pay for repairs to defective Celtic Tiger-era apartments

The video discusses a government scheme to remediate housing defects affecting 62,500 to 100,000 apartments and duplexes. The scheme covers costs for ongoing and contracted works, using owner management companies for payments. Legislation will be introduced to support the scheme, with costs estimated between 1.6 and 2.5 billion. The government aims to ensure accountability and establish an independent Building Standards Regulatory Authority to prevent future issues.

What is the estimated range of apartments and duplexes affected by the remediation scheme?

• Between 50,000 and 80,000

• Between 62,500 and 100,000

• Between 80,000 and 150,000

• Between 70,000 and 120,000

How will the government ensure that no one is excluded from the remediation scheme?

• By using the apartment and owner management company mechanism

• By reducing management fees

• By providing direct payments to homeowners

• By offering tax rebates

What significant step has the government taken for homeowners who have already incurred remediation costs?

• Reducing future management fees

• Providing a one-time grant

• Offering a tax deduction

• Covering costs under the legacy defect scheme

What is the estimated cost range for the remediation scheme?

• 1.0 to 1.5 billion euros

• 1.6 to 2.5 billion euros

• 2.0 to 3.0 billion euros

• 2.5 to 3.5 billion euros

What type of defects are most common in the affected homes?

• Water ingress

• Structural defects

• Fire defects

• Electrical issues