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

Mr. John McCarthy:

We were in a very different situation in the early part of the past ten years. Rents were dropping, there was a massive overhang of accommodation and the public spending programme was significantly contracting. Put all of those things together and they formed the rationale for why we tapped into the private-----

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