Oireachtas Joint and Select Committees

Thursday, 26 September 2019

Joint Oireachtas Committee on Housing, Planning and Local Government

Reclassification and Future Outputs of Approved Housing Bodies: Discussion (Resumed)

Photo of Pat CaseyPat Casey (Wicklow, Fianna Fail) | Oireachtas source

We keep coming back to the differential rent, allocations and design. I am getting the impression that Mr. Lemass feels that this is the larger element that needs to be thrashed out as opposed to the capital or funding element. The Department of Finance might have its opinion on that. Mr. Lemass spent a lot of time on CALF funding, which involves a 30:70 mix. If most AHBs used the 30:70 model and there was some tweaking of the other three items, would we be in the ballpark where we might get a reclassification regarding the on-balance sheet model?

How is the debt calculated with regard to AHBs? There are issues like capital deficit, operational deficit and income expenditure. How is that debt presented when the Department of Housing, Planning and Local Government is presenting the statistics to the CSO? Does Deputy Ó Broin need to come back in?

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