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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