Oireachtas Joint and Select Committees
Thursday, 21 February 2019
Public Accounts Committee
2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Housing, Planning and Local Government
9:00 am
Mr. John Hannigan:
It is the element that is agreed to and approved by the Department for the repayment of debt over a period. It is linked with market rents in a particular area, based on the local authority's understanding of what rents in that area look like. It is usually marked below them, at 80% or 92% of current market rents.
No comments