Oireachtas Joint and Select Committees

Tuesday, 17 June 2014

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht

Current Housing Demand: Discussion (Resumed)

3:35 pm

Mr. Michael Layde:

In the sense that the methodology is applied. There is no suggestion, even if funding was available, that we would return to building very large concentrations of social housing. Both here and in many other countries this has been seen to be unfair and unworkable in giving people the homes and communities they deserve.

On ERDF funding, for which we have made an application, a decision is awaited from the European Union. It has the potential to deliver about 2,000 units or voids to be brought back into service in Dublin and other urban centres. Because of the necessary financial engineering, it involves a number of approved housing bodies coming together in a special purpose vehicle. However, that vehicle has not yet been put in place. The Department will be centrally involved.

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