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

Photo of Catherine MurphyCatherine Murphy (Kildare North, Social Democrats) | Oireachtas source

Has the Department conducted an analysis? I am aware that there is an intention to carry out such an analysis. We have been told that the scheme going to be phased out. When I started raising this matter with the Taoiseach in the Dáil a couple of years ago - I thought he was taken aback by what the scheme involved - I was told that it was going to be phased out. I was also told that the Government was not going to be on both sides of the fence whereby it would be leasing properties and local authorities would be providing tenants. Incidentally, people get paid for long leases regardless of whether the houses involved are occupied. The position is very certain. It is like winning the lottery because the numbers are known in advance. What is the Department doing to ensure that there is value for money in terms of reviews? Why is there an absence of global information in respect of this matter?

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