Oireachtas Joint and Select Committees

Wednesday, 6 March 2019

Joint Oireachtas Committee on Housing, Planning and Local Government

Rebuilding Ireland - Action Plan for Housing and Homelessness: Discussion

Photo of Eoghan MurphyEoghan Murphy (Dublin Bay South, Fine Gael) | Oireachtas source

Yes. However, we estimate about 20% of these are duplicates, which further brings down the number that could be drawn down. We also reckon, due to historical data to date, that the conversion rate would be below 75%, which brings us to a potential drawdown level in terms of approvals already given of €186 million. However, the actual drawdown level is €107 million. That is why we began early engagement with the Department of Public Expenditure and Reform about further funding being required.

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