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:
We had a discussion with the Department about bringing out the momentum fund as a product. On a daily basis, HBFI is an independent body with its own board, so any individual credit decision is made by the board of body under its governance structure. I absolutely assure the Deputy and this committee that any decision to fund the three schemes we are discussing in no way compromised or reduced the availability to fund small and medium-sized schemes across Ireland. We have sufficient funding available to do that and as I said, we would love to see more applications. We will do our bit to try to ensure that can happen.
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