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

Mr. Ray Fanning:

No, they are all care and support and capital assistance schemes, CAS, that we have built during the years. They all have a first charge mortgage on them to local authorities. They are non-repayable mortgages. As they are advertised every year, it is of no cost to the State to say, "We will release those mortgages if you will be able to provide further housing stock in our areas".

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