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:

In terms of the cost rental situation, as it were, the 25% was never aimed at that because the 25% would have been on the same rent calculations as everybody else, so it would have still been a differential rent or a fixed rent based on the delivery of the capital assistance scheme, CAS, for example. It would have been at a very set level. It was never to bump up the potential income streams, as it were, or even the types of tenancies that might be there, and it was more to do with the social cohesion element of it, where there may be individuals who cannot live with others for a particular reason or who were not able to. That element of the 25% is gone. It is now 100% in the vast majority. In our programme at the moment, we have about 350 houses which will be delivered in 2019. Of that, probably about 60 properties come under CAS, so the kind of differentials there would be in terms of the numbers under that scheme can be seen. Under CAS, we still take 100% from the local authority as well.

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