Oireachtas Joint and Select Committees
Thursday, 19 January 2023
Public Accounts Committee
Financial Statements 2020: Housing Agency
Financial Statements 2021: Approved Housing Bodies Regulatory Authority
Chapter 7: Housing Agency Revolving Acquisition Fund
Section 2 Report – Unauthorised Release of Funds from the Central Fund of the Exchequer
9:30 am
Matt Carthy (Cavan-Monaghan, Sinn Fein) | Oireachtas source
I welcome the witnesses. I would like to talk to Mr. Jordan about one of the flagship Government programmes, Croí Conaithe, which I understand is being administered by the Housing Agency. If I am correct, the basis of the scheme was on the evaluation that the construction cost of an apartment, at around €400,000, which is cited at the moment, would make it unaffordable and, therefore, an €80,000 subsidy would reduce the cost of that. Is that essentially the premise on which it operates?
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