Oireachtas Joint and Select Committees

Thursday, 3 March 2022

Public Accounts Committee

2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Home Building Finance Ireland - Financial Statements 2020

9:30 am

Ms Dara Deering:

It is not that we have no checks or balances and I just want to bring clarity to that point. As part of an individual assessment of the three schemes we are talking about here, where funding was provided through the momentum fund for homes or units in the private rental sector, it was our market assessment at the time that if we did not step in right then, funding would not be available for these schemes and the homes would not have been built-----

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