Oireachtas Joint and Select Committees

Tuesday, 25 October 2022

Joint Oireachtas Committee on Housing, Planning and Local Government

Implementation of Housing for All: Discussion (Resumed)

Photo of John CumminsJohn Cummins (Fine Gael) | Oireachtas source

I thank Ms. Farrelly. Another point that Deputy Lahart referenced relates to sinking funds, which do not exist in terms of local authority and AHB stocks. This is a constant bone of contention as regards maintenance. It is built into the cost-rental piece, which is obviously what makes it more attractive for AHBs in the context of wanting to deliver in that space, notwithstanding the challenges in terms of interest rate rises and the adjustments that have been made in context of the CREL scheme.

This question is specifically for SDCC. Other local authorities have tiered differential rent schemes. I understand that SDCC charges some of the lowest rents nationally. Does that impact on its ability to maintain existing stock? There was talk of a national differential rent scheme. Some local authorities, including my own in Waterford, have moved on and introduced tiered differential rent schemes. Does SDCC have any intention to introducing such a scheme?

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