Oireachtas Joint and Select Committees

Thursday, 10 February 2022

Select Committee on Housing, Planning and Local Government

Estimates for Public Services 2022
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised)

Photo of Darragh O'BrienDarragh O'Brien (Dublin Fingal, Fianna Fail) | Oireachtas source

The Chairman mentioned the Land Development Agency, LDA. Obviously, under Housing for All additional tranches of land have been handed over to the agency under its responsibility to deliver a further 15,000 homes. This year is a most important year for the LDA. We will see it delivering homes this year. We will see it breaking ground on Shanganagh Castle and the LDA proving concept being capitalised by the Ireland Strategic Investment Fund, ISIF. That will be matched by additional borrowings. We have increased its borrowing capacity to allow it to move forward with Project Tosaigh, which is about activating dormant planning permissions. There will be a real focus on affordable, social and cost-rental homes. The vehicle to deliver cost rental at scale into the future may very well be the LDA. The members met the new chairman, Mr. O'Rourke. There is a really good management team in place there. They are really focused. I am encouraging them every day to make sure that they deliver in 2022.

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