Emer Higgins (Dublin Mid West, Fine Gael) | Oireachtas source

I thank everyone for their presentations and insights. It is very encouraging to see the focus on cost rentals and unlocking vacant housing and getting them back into stock and supply. I have a non-funding-related question. Earlier, Mr. Jordan said he is involved in an advisory capacity in the shared equity scheme. I would be interested to hear his perspective on that. What does that advisory role look like?

Mr. O'Leary summed up well that his agency provides cheap, long-term financing that delivers homes. That is so desperately needed in this country now. Its lending rate and turnaround times in decision-making and the approval rates seem most impressive. They are having a direct impact on housing on the ground. We can that. My first question relates to forecasted funds for 2022. Is there a breakdown available of the mix of social versus affordable in that forecast? My second question relates to sites where construction was under way but has ground to a halt. The price of raw material has increased in recent months. Contractors who have started projects have said that the financing agreed no longer works for them. There have been negotiations on sites up and down the country and I refer in particular to my county council area. In such a situation, has a local authority the option to go back and renegotiate its loans with the Housing Finance Agency because a project is running over because of unforeseen or unbudgeted-for circumstances? We want to make sure that houses are delivered as cheaply as possible but also as quickly as possible.