He says the government wants to help people trapped in long-term renting.
The Junior Housing Minister says the new Affordable Housing Bill will be a "game changer".
It'll cap the cost of an affordable home in Westmeath at €300,000, €275,000 in Offaly, and €250,000 in Laois.
There's also plans for shared equity ownership; stimulating construction, measures aimed at local authority affordable housing schemes and tackling the percentage of social and affordable homes in all new developments.
Minister of State for Housing and Longford-Westmeath Fine Gael TD Peter Burke says they want to ensure this scheme doesn't favour developers: