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:

I do not know. We did investigate it when we were not getting a response. In the previous version of the one-stage approval process, we did get very strong indications from the local government sector that it was too risky for it. We did take a number of steps to de-risk it. It still does not seem to operate as expected, as I mentioned.

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