Oireachtas Joint and Select Committees

Tuesday, 9 February 2021

Joint Oireachtas Committee on Housing, Planning and Local Government

General Scheme of the Affordable Housing Bill 2020: Department of Housing, Local Government and Heritage

Photo of Paul McAuliffePaul McAuliffe (Dublin North West, Fianna Fail) | Oireachtas source

I want to clarify my earlier comment which Deputy Ó Broin referenced in part. It is very clear that the overall budget provision in 2021 is €468 million. That is where the figure of 84% not being related to the shared equity loan scheme that I referred to comes from. While Deputy Ó Broin is correct to say €75 million is one of the larger figures, it does not take into account the €50 million for the serviced sites fund, €35 million for the cost-rental equity loan, €210 millon for the Rebuilding Ireland home loan, €60 million for the Land Development Agency, LDA, and the €38 million for LIHAF.

We are not going to solve the housing crisis with one scheme. It is about housing for all, it is about having a number of measures that respond to different sections of the market.

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