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

Photo of Ciarán LynchCiarán 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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