Oireachtas Joint and Select Committees

Tuesday, 2 March 2021

Joint Oireachtas Committee on Housing, Planning and Local Government

General Scheme of the Affordable Housing Bill 2020: Discussion (Resumed)

Mr. Frank Curran:

There is still significantly reduced rent, which covers the cost of construction and operational maintenance, along with a marginal return. That is allowed for in the Bill. Mr. Taaffe might comment on this. We are getting enhanced and long-term leasing from institutional investors and it certainly could be available down the line to provide that affordable rent.

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