John Curran (Dublin Mid West, Fianna Fail) | Oireachtas source

I thank Mr. Dorgan. Before I open the meeting to questions, perhaps Mr. O'Kelly would clarify two or three technical points specifically in relation to issues he mentioned. He mentioned the possibility of funding student accommodation in, say, DCU. What progress has been made on that issue and is that deemed to be an off-balance sheet investment? Second, he referred to an infrastructure deficit across the four local authorities in the greater Dublin area that would have the potential to assist the development of up to 50,000 housing units and that the possible return on that investment could be from the development levies and so forth. Again, is that deemed an off-balance sheet type transaction? Finally, for the benefit of the committee, he mentioned Activate Capital which, while it is a new vehicle, commenced in January. There are ambitious plans for it. Does Mr. O'Kelly have any pathway, year on year, as to what the projected outturns might be? Perhaps he would deal with those three technical points and then I will hand over to the members.