Rents for the apartments, aimed at low- and middle-income workers, are expected to average €1,300 a month, but could be reduced to €1,100 and possibly €900, if longer-term financing to build the scheme, and greater Government funding was forthcoming, the council’s head of housing Brendan Kenny said.

The council plans to build 484 apartments in blocks up to six storeys high on the site of the 1960s flat complex that was demolished in 2013.

About 400 (70 per cent) of the apartments will be used for a cost-rental scheme, with the remaining 30 per cent used for social housing.

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