Oireachtas Joint and Select Committees

Thursday, 9 March 2017

Joint Oireachtas Committee on Housing, Planning, Community and Local Government

Quarterly Progress Report Strategy for Rented Sector: Department of Housing, Planning, Community and Local Government

2:00 pm

Photo of Eoin Ó BroinEoin Ó Broin (Dublin Mid West, Sinn Fein) | Oireachtas source

I spoke previously about whether we could go below the local electoral area to the electoral divisions and the small areas for the purposes of trying to establish whether smaller areas, in particular for example parts of Waterford city could be included in the rent pressure zones. I wonder if Mr. McCarthy has any update on that. I will add the strapline that while I am not a fan of the scheme, I would still prefer it to be able to go down to those lower levels if possible.

My second question is whether there is any meaningful update on the affordable rental model we have all been talking about but nobody is really sure if it is going to happen and where it is going to happen. As O'Devaney Gardens is probably going to be the first location where we will have something like this, could we get an update on that? I am specifically interested in three things: if and when it is going to happen; who is going to be responsible for the units - because I have a very strong view, which I will come back to depending on the answer I get; but also what is the financing of this. Will affordability be determined by a percentage of market rent for example, or will it be determined by the cost of paying down the loans and some management and maintenance of the unit that is being rented because they are two very different models of cost rental that would have a very different impact on the amount of money that a family would have to pay?

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