Oireachtas Joint and Select Committees

Tuesday, 22 March 2022

Joint Oireachtas Committee on Housing, Planning and Local Government

Social and Affordable Housing: Discussion

Mr. Jim Baneham:

If my colleague Mr. Pat Fitzpatrick were here, he would say it is a cost-recovery method at the moment but that it is limited by market rent. The review is to determine why. The initial thinking, dating from 2010 or 2011, was that by concentrating on areas with a higher market rent, one was concentrating on the areas with higher demand. There was a kind of logic to it but now there are limitations. Since the mechanism has been such a big deliverer of social housing elsewhere, there are limitations in areas with lower demand. There are problems, such as those referred to in Limerick county, and the review was designed to address these.

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