Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

We have discussed this matter and the French model and, without knowing the details, I am encouraged to hear that there will be an announcement on social housing investment involving the EIB.

Mr. McDowell mentioned structure funds. We have a fund, namely, the old pensions reserve fund. We have €8 billion in a discretionary portfolio. Some of it is used in the Irish Strategic Investment Fund, ISIF. There is also the upcoming sale of AIB, the money for which originally came from the fund and could be returned to it. Could that fund not partner with the EIB to create the type of investment in social housing that is required? Given that the fund invests to make a return, is that type of structure possible for a mixed social housing unit involving rental, possibly some sales and social housing?