Mr. Brendan Kenny:

We have a lot of interaction with the Land Development Agency already, although it is not yet fully operational. We are working with it and liaising with it on a number of other State-owned sites in the city. We have asked it to examine a site we own at Cherry Orchard. It has significant potential. It is doing a feasibility study on it. There is a possibility of it developing the site for a full-scale cost rental development. We work very closely with the agency.

Ideally we would like to have a scheme for both cost rental and affordable housing but the current position is not stopping us from progressing. While we will be announcing the scheme in respect of O'Devaney Gardens, we are still two years away from houses being built there. We deem an affordable price to be from €250,000 to €270,000. We have applied for a lands service grant from the Department. If we get that - we are hopeful - we expect that 20% will be in that price range. That is necessary. It is really a matter of construction and construction costs. We believe the O'Devaney Gardens development will work very well, as will the Oscar Traynor Road development.