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
Mr. John McCarthy:
Ultimately, when a procurement process of this kind is concluded, it will be financed in annual payment obligations over the 25 years. The Department will be funding the local authorities in order to meet those payments. It is the Exchequer that is actually ultimately going to be taking in the hit on the ongoing payment. In terms of ensuring that we actually get value for money----
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