Pat Casey (Wicklow, Fianna Fail) | Oireachtas source

The impact on the delivery of housing, as everybody has said, whether we agree in principle or not, is that we now rely more and more on the likes of the Housing Alliance to deliver social housing for the State. We all have different views as to whether it should be this way. I cannot understand how private funding is now part of the fiscal space. Getting into the technical end of why it was put on the balance sheet, is it down to the fact that the funding ratios are wrong? Other issues were raised with regard to management, setting the differential rate and the allocation of houses. These are all issues we can deal with locally. I am seriously worried, having heard Mr. Hannigan state that all private money and equity is now the State's responsibility because of this ruling.