Oireachtas Joint and Select Committees
Thursday, 12 July 2018
Public Accounts Committee
2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017
9:00 am
Mr. Conor O'Kelly:
They will add 15,000 residential units by 2021. It is an area of market failure. We have been charged by the Minister specifically to look at the housing area. As I said, we have put €730 million into this area and it has been matched by private sector capital. This will add to the supply which hopefully will take the pressure of rents and house prices.
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