Oireachtas Joint and Select Committees
Thursday, 16 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Bertie Ahern:
It did some good but, as you know, we didn't get to the extent that we should. But there were some good swaps done. There were arrangements with local authorities and some developers that operated for people. People got loans but I think the whole affordable ... the kind of figures, Chairman, that we were endeavouring to get on affordable ... I think it was 15,000 was the max we were trying to get.
I don't believe we ever got to that figure on looking at the various schemes, and there were a number of initiatives tried, both with local authorities and with the committee that was on for then ... I think Mr. Geraghty was chairing that committee on affordable housing. There were a number of schemes looked at to try to help that-----
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