Oireachtas Joint and Select Committees
Tuesday, 2 October 2012
Joint Oireachtas Committee on Environment, Culture and the Gaeltacht
Discussion with Housing Finance Agency
3:45 pm
Ciarán Lynch (Cork South Central, Labour) | Oireachtas source
There is an economic argument for using vacant properties more quickly. The HFA issues a loan that is repaid in the short term and is earning interest on the money lent to the local authority. The local authority will have a house that can generate an income and somebody on the housing list can be housed more quickly. Is it within the scope of the HFA to put a financial instrument in place to facilitate local authorities in rolling out such a programme?
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