Oireachtas Joint and Select Committees
Tuesday, 8 December 2015
Joint Oireachtas Committee on Environment, Culture and the Gaeltacht
General Scheme of the Housing (Regulation of Approved Housing Bodies) Bill 2015: Discussion
2:15 pm
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source
Given that the local authorities are prohibited from borrowing money, we are trying to get the AHB and voluntary sector to pick up the slack.
That is the thinking, hence the need to regulate and so forth. Am I correct that up until 2011 all of the money that went to the AHBs was direct Exchequer funding and that it was only after 2011, when this Government took office, that the funding dropped significantly and we started to focus on trying to get money elsewhere, other than from the State? The scheme changed then. Am I right?
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