Oireachtas Joint and Select Committees

Thursday, 20 May 2021

Public Accounts Committee

Housing Schemes Expenditure: Think-tank for Action on Social Change

9:30 am

Dr. Robert Sweeney:

Yes. The Government's economic evaluation service examined the cost of providing accommodation. The cheapest way in the Dublin area is local authority construction, whether that is two-bedroom or three-bedroom. Long-term leases are significantly more expensive. In terms of a hierarchy in the Dublin area, the most efficient way is local authority construction, then local authority acquisition and then long-term leasing, which is significantly more expensive than that. HAP is typically more expensive still than the leasing scheme.

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