Mr. John Coleman:

There are three questions. My colleague, Mr. Phelim O'Neill, is the head of our property section and will answer matters about completions. I will start with the last question first. The serviced sites fund is currently targeted at local authority sites and is focused on groundworks, enabling works and infrastructure on the sites. That is where that money will go. It is correct to say and helpful that there was an allocation for Shanganagh. It is important to note that input from central government will ultimately end up as savings for renters and purchasers on that site, so that is welcome.

Regarding non-local authority sites, I do not think it has been determined whether the serviced sites fund can apply to non-local authority sites or not.

We are not working on that basis yet because that confirmation is not available. I believe it is still being looked at in the Department but if I can take the Deputy through an example such as Dundrum, he mentioned that there is a mix of housing there including social, affordable and open market sale. I would say the open market sale on that particular site would be very limited, if any, and perhaps none. Obviously, Dundrum is an affordable pressure point. It depends on the progress we make on that site in terms of getting the planning through and, ultimately, our discussions with the Minister and the Department around the affordability levels on that but I would say that is trending very high levels of social and affordable provision.

In terms of the approach to that, for the social piece we would engage in some sort of a contract with a local authority or an approved housing body, AHB, in that when the social properties are built we would deliver those to those organisations for them to operate. That is broadly how we would approach that one. Obviously, we would perform the construction works by dealing with a main contractor to deliver those.

For affordable housing, for instance, cost rental, if the serviced site fund is not available our approach does not change. We still focus on the end user. We still focus on trying to make sure that our costs are covered. It is critically important to make sure that it is sustainable but also that the end user in the household is able to afford the rent. We just have to make sure that our cost engineering, our value creation on the design and the delivery methodology on that site is very finely tuned because at the end of the day we still need to pass on a rent that people can afford on that site. That is our non-moveable piece. On the St. Kevin's-----