Oireachtas Joint and Select Committees
Thursday, 20 September 2018
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Home Building Finance Ireland Bill 2018: Committee Stage
10:20 am
Eoin Ó Broin (Dublin Mid West, Sinn Fein) | Oireachtas source
To be clear, we are dealing with amendment No. 3. We are not dealing with the amendments concerning social and affordable housing because they have been ruled out of order. There is nothing in these amendments that is being prescriptive. What it is saying is if this vehicle is going to lend it needs to target people who cannot access finance elsewhere and it needs to target the delivery of homes that people can buy. The detail of that will be worked out. We are not proposing that 10% or 20% specifically be allocated because that would affect the viability of any scheme. The purpose of the fund should be to target certain types of developers to produce certain types of houses. I just want the Minister of State to be clear on what my intention is and I urge him to have a think about it between now and Report Stage. We will return to it at that point.
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