Oireachtas Joint and Select Committees

Thursday, 14 July 2022

Committee on Budgetary Oversight

Summer Economic Statement 2022: Discussion

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

We know there is construction inflation and that it is running at a significant level. Is it 8% or 9%? According to Housing For All, which is underpinned by these capital allocations in the national development plan, the target for 2023 is 9,100 social homes, with 5,500 affordable homes and cost rental homes next year. How does the Minister expect to deliver this same number of homes with the same amount of money given that everybody recognises the cost of delivering them has increased and the Minister has just confirmed he will not increase the allocation next year?

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