Mr. Conor Skehan:

Very briefly, on the last point, it is important to remind people that provision is made for affordable housing in the Housing (Miscellaneous Provisions) Act 2009 and that it can be commenced if and when it is deemed appropriate by the Minister.

In terms of Deputy Murphy's question about the contribution, we have done two pieces of work on that. The first is in the report that we prepared on the Part V issue. We looked back at what was delivered in the 2002 to 2011 period and reported back that 15,100 units were delivered by Part V in that period, of which 62% were affordable and 37% were social. It is important to realise that we have fairly firm evidence from the past about what is possible.

Our chief executive has done a very quick calculation to answer the question, looking into the future, and without the benefit of the detailed evidence here, which is that the delivery will depend on housing delivery. If 20,000 homes per annum were delivered, assuming that Part V applied to 10,000, that would yield 1,000 social homes per annum of the 6,000 needed.

This does not exist in isolation. There is a mix of other delivery forms in addition to Part V: a mix of direct build, acquisition and different types of funding to some of the approved housing bodies mentioned earlier. It appears that we can continue the past success when towards the end of that period a substantial stream of housing was coming on board. There is every reason to believe we can be successful in the future.