Brendan Ryan (Dublin Fingal, Labour) | Oireachtas source

Over the past couple of years organisations with capital and expertise in delivering homes have appeared and I have met one or two of them. These organisations were interested in delivering a substantial number of homes to the State, but for a return to themselves over a mortgage-type period. The model would also have included the homes coming into State ownership at the end of a fixed period, such as 20 or 25 years. Has that model been put to the Minister? It seems to be an attractive proposition. Was the problem that the payments to these organisations would be on balance sheet? Would there be any scope that such a model might comply with fiscal rules?