Oireachtas Joint and Select Committees
Tuesday, 9 March 2021
Joint Oireachtas Committee on Housing, Planning and Local Government
General Scheme of the Affordable Housing Bill 2020 (Resumed): Land Development Agency
Mr. John Coleman:
That is correct. I hasten to add that we will be providing social housing on the schemes as well. It is just that the particular tenure of cost rental is targeted at people who do not qualify for social housing, which is set by net income levels in the different jurisdictions. The challenge is that while we want to demonstrate that what we are producing is affordable to people, we are also trying to marry that to a well-proven concept of cost rental which is sustainable because it covers its costs. We are trying to marry the two. On one side we must cover the costs, but the challenge is to demonstrate to the broad range of middle-income people who we are targeting here that it is also affordable. They are the two concepts we are trying to marry.
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