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 O'Connor:
I will come in on that. It is covered in the capital loans subsidy scheme. The approved housing bodies collect the differential rents but that is not sufficient for management and maintaining the properties. For each property they get approximately €480 per annum as a management and maintenance allowance for every HAP property under that scheme also. That is approximately €5 million per year. In addition to the differential rent collected on those properties a management and maintenance allowance is provided.
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