Oireachtas Joint and Select Committees
Tuesday, 11 October 2022
Joint Oireachtas Committee on Housing, Planning and Local Government
Implementing Housing for All: Discussion
Mr. Coil?n O'Reilly:
We have targets. At the moment, we have 1,802 affordable purchase and 2,514 cost-rental homes in our pipeline. The Deputy mentioned Covid-19 and Ukraine, both of which are the causes. The biggest worry issue for us around affordable delivery is construction inflation caused by both Covid-19 and Ukraine. As costs go up, therefore, it becomes more and more difficult for us to use the affordable housing fund to bring the cost down to make it affordable from a sale point of view or from a cost-rental point of view. That is the essence of the difficulty with affordable delivery for us.
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