Oireachtas Joint and Select Committees

Tuesday, 24 April 2018

Joint Oireachtas Committee on Housing, Planning and Local Government

Housing for Older People: Discussion (Resumed)

12:00 pm

Mr. Derek Tynan:

I refer to the question of land development and the PPP model. We have been involved in a couple of schemes where the payback to the local authority has been a certain number of turnkey units. In other words, if there is a piece of land for which there is a design and bid competition, that is developed by the developer and the payback to the local authority is a certain percentage of those units, whether directly to itself or to an approved housing body. That is a means of bringing the value of the land, which is there in the first place, back into the stock.

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