Colm Brophy (Dublin South West, Fine Gael) | Oireachtas source

My understanding is that the AHBs are not keen to borrow nor are they willing to ramp up. It is even more fundamental than them not being keen to borrow. I believe they are not keen to ramp up. We have a number of agencies that are at a size and a point with which they are comfortable and we have a direct clash. We have State agencies, the NTMA and even the Housing Finance Agency, HFA, effectively and through very good, cost-effective offerings trying to push the agencies to a point.

To use the analogy, without being in any way disparaging, if they are comfortable running a Spar corner shop, they do not want to be Dunnes Stores, and no amount of good, solid money made available at very low rates will necessarily make them want to change what it is they do. How does the NTMA's proposition work in terms of getting them to buy into it and overcoming their natural resistance?