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. Eddie Taaffe:
All I am aware of are companies specialised in acquiring properties and leasing them in the long term to local authorities either through enhanced leasing or regular leasing for 20 or 25 years. I am not aware of any other sectors that would offer it outside the approved housing body sector. I suspect that when cost rental becomes a feature, we may well see that. It may become another delivery channel and that would only be a good thing, depending on how finances work and value-for-money elements. There is also the matter of the whole-life cost to the State of that type of housing. We are not seeing it currently but I suspect we will in the near future once affordable rental and cost rental becomes a growing feature.
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