Mr. Barry O'Leary:

None of the applications we have received from voluntary housing bodies to date is based in the west. Up to €3.5 million has been lent to Sligo County Council for 2011. If any local authority approached us with a council’s resolution and the Department’s sanction to draw money from us, we would give them money. We have plenty of funding available with a facility in place that allows us to borrow up to €10 billion. Money is relatively cheap. It is the function of the Department’s allocation to local authorities as to whether local authorities are likely to get funds from us.