Oireachtas Joint and Select Committees

Thursday, 25 January 2018

Joint Oireachtas Committee on Housing, Planning and Local Government

Update on Rebuilding Ireland - Action Plan for Housing and Homelessness: Discussion

9:30 am

Photo of Maria BaileyMaria Bailey (Dún Laoghaire, Fine Gael) | Oireachtas source

Where a local authority owns a building, which happens to be protected structure, and on which it is going to carry out works to convert it into four homes for four people, the cost of purchasing that property and turning it into four homes far outweighs what one can buy on the open market, and to me this is not value for money. Is it possible for a local authority to sell that property and ring fence that money to buy Part 5's or property on the open market?

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