Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

I know. For the record and just in case anybody does not understand, when an approved housing body delivers a home through, for example, the capital advance leasing facility, CALF, it utilises Exchequer funding with its own financing, for example, through the European Investment Bank, EIB, or the Housing Finance Agency, HFA. The Minister knows this, but he has used that argument because he cannot defend his own record. Indeed, he has used the same language as his officials used against the Economic and Social Research Institute, ESRI, and Professor Kieran McQuinn in this regard. It is beneath him because he knows very well how housing is financed. It is how the Department itself provides financing. It is Exchequer funding, yet all of it is dealt with as general government expenditure.

The Minister knows this well.