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

On the 450 AHBs, obviously there are different tiers. My experience with the larger ones is that they are professionally managed, whereas the smaller ones are usually run by volunteers and can be vastly different. That is where I have seen difficulties with getting insurance and not being in compliance with things and causing all sorts of problems. Some of those issues have been resolved. My understanding is that for a lot of these, it was capital assistance and then there was an annual maintenance amount provided so as to keep the stock up to standard. Am I right on that?

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