Oireachtas Joint and Select Committees

Thursday, 25 October 2018

Public Accounts Committee

2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 10 - Funding and Oversight of Approved Housing Bodies
Vote 34 - Housing, Planning and Local Government
2017 Financial Statements - Housing Agency

9:00 am

Photo of Catherine MurphyCatherine Murphy (Kildare North, Social Democrats) | Oireachtas source

When the voluntary code was being put in place for approved housing bodies, AHBs, we were told that without such a code it would be impossible to draw down funding from the European Investment Bank, EIB, because that was a requirement for that type of investment. We were also told that there would have to be some sort of partnering from the Government side because AHBs, which are mostly charities, would not be permitted to make a loss. Has it been possible to draw down EIB funding for AHBs or does their funding come directly from the Exchequer?

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