Overview
The Capital Advanced Leasing Facility was introduced in 2011 as a new model of funding for voluntary housing with the aim of ensuring greater supply of housing in changed market conditions.
Local authorities may provide financial support to Approved Housing Bodies to build or buy accommodation for social housing.
The Capital Advance Leasing Facility (CALF) funding is capital support provided to Approved Housing Bodies (AHBs) by local authorities to facilitate the funding of construction, acquisition or refurbishment of new social housing units.
This loan facility can support up to 30% of the eligible capital cost of the housing project, with the housing units provided to local authorities for social housing use under long-term lease arrangements known as Payment and Availability Agreements.
Further information.
Further information on CALF (Capital Advanced Leasing Facility) is available on the Gov IRL website