Oireachtas Joint and Select Committees
Thursday, 25 November 2021
Select Committee on Transport, Tourism and Sport
Estimates for Public Services 2021
Vote 29 - Environment, Climate and Communications (Supplementary)
Vote 31 - Transport (Supplementary)
Hildegarde Naughton (Galway West, Fine Gael) | Oireachtas source
The delays with the coastguard station are due to planning and design. I can revert to the Deputy with more information. To cut to the chase, that is the reason for the delay.
With regard to the residential retrofit loan guarantee scheme, the Department is in the process of setting up a new financial instrument. This will be a loan guarantee. It will be delivered in conjunction the Strategic Banking Corporation of Ireland, SBCI. It is intended that will consist of two components. One is a low-cost residential retrofit loan-based scheme and the other is a participating retail credit institution. It is like a one-stop shop to help people who can afford to do something in their home but need assistance, for example, through a low-cost loan. The Minister, Deputy Ryan, is working to ramp up the capacity in all of these areas.
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