Oireachtas Joint and Select Committees

Thursday, 5 May 2016

Committee on Housing and Homelessness

Irish League of Credit Unions

10:30 am

Photo of Maureen O'SullivanMaureen O'Sullivan (Dublin Central, Independent) | Oireachtas source

The Minister, Deputy Noonan, suggested that there was potential to use section 44 of the 1997 Credit Union Act to develop social housing. I wonder has Mr. Farrell thought of that provision. My second question relates to the credit unions' relationship with dormant accounts. I understand the credit unions are excluded from the Dormant Accounts Fund. Given that there could be seed capital there for social housing, does Mr. Farrell see any merit in being included in it?

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