Oireachtas Joint and Select Committees
Thursday, 26 June 2014
Public Accounts Committee
2012 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 4 - Vote Accounting
Chapter 10 - Central Government Funding of Local Authorities
Chapter 11 - Costs of Land Remediation
Vote 25 - Department of the Environment, Community and Local Government
1:00 pm
Mr. John McCarthy:
No, this is the leasing scheme. As an alternative, if we had used that €38 million to either build or buy houses, assuming €150,000 a unit, we would only have been able to deliver about 250 houses. While Deputy O'Donnell is seeing that the new build piece has obviously reduced, it has been as part of a strategy to maximise the overall level from within the resources.
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