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
Ms Claire Feeney:
The allocations normally depend on the funding. With all of the current schemes, because the funding is coming through the local authority, the local authority has 100% allocation rights. There was a time where if something was delivered through, say, fundraising, the local authority would not have had any say regarding the allocation. In addition, there was a period where, depending on the type of capital assistance scheme, it could be a ratio of 75:25.
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