Peter McVerry Trust, the national housing and homeless charity, has welcomed news that the Department of Finance is to develop a report on a vacant homes tax.
A spokesperson for the charity, which has been at the forefront of the campaign for an empty homes tax, said "We fully welcome news that at today's Cabinet meeting an agreement was reached to pursue the empty homes tax issue."
"We have been a strong advocate of an empty homes tax for some time and believe that such a tax would push the owners of empty properties to put them back into use.
From our extensive research in Dublin, Kildare and Limerick we have come across a large cohort of property owners who are simply sitting on vacant buildings, rather than putting them back into use. An empty homes tax would not only penalise such behaviour, but more importantly would be likely to encourage owners of vacant properties to reuse the buildings rather than face a new tax."
"There are tens of thousands of empty properties across Ireland in areas with high levels of homelessness and social housing need. Getting these empty homes back into use as quickly as possible is essential to help deliver housing supply."