Oireachtas Joint and Select Committees
Thursday, 30 January 2014
Public Accounts Committee
2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Land Swap Arrangement in the Provision of Affordable Houses
Vote 13 - Office of Public Works
11:10 am
Kieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source
If a local authority was buying a house from a developer under the normal affordable housing scheme, the developer only receives the figure of €45 million, the sale price, rather than €77.6 million. The point I am trying to make is that the Department paid the full value of the house, €77.6 million, for affordable housing to the developer. Is that correct?
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