Oireachtas Joint and Select Committees
Wednesday, 25 November 2015
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Credit Union Sector: Discussion
12:00 pm
Mr. Kevin Johnson:
On whether the Government is the borrower in respect of social housing, it does not have to be. Our proposal, to which I referred, is very consistent with Government policy, which is to take the type of financing off-balance sheet for the State. The credit union would actually be the lender. Our proposal clearly sets out the risks and how they would be managed.
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