Oireachtas Joint and Select Committees
Tuesday, 8 November 2022
Joint Oireachtas Committee on Housing, Planning and Local Government
Implementing Housing for All: Discussion (Resumed)
Mr. Gordon Daly:
We have put not only staff resources but also financial resources into this. Other local authorities are correct in pointing out that it is not free to CPO a property. The person who can prove ownership can claim compensation at market value. Often there can be a gap between the point at which the property may be sold or moved on to another use and the claim for compensation coming in. We need and have put in place a fund of €1 million to start this process. Then they allowed us the financial window or envelope in which to pay out compensation ahead of the properties actually being-----.
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