Oireachtas Joint and Select Committees

Wednesday, 11 September 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of 2014 Pre-Budget Submissions: Discussion

12:30 pm

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

Let us boil it down to finances. With regard to the security issue, there is bridging finance for a period of time before the houses are built. Is there a security issue in that regard? How would that work? I presume these are private investors who would provide funding and they are looking for security. Is it for the existing housing stock? The local authorities have total charge.

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