Oireachtas Joint and Select Committees

Tuesday, 14 February 2023

Joint Oireachtas Committee on Housing, Planning and Local Government

General Scheme of the Planning and Development Bill 2022: Discussion (Resumed)

Photo of John CumminsJohn Cummins (Fine Gael) | Oireachtas source

We have teased out many of the planning issues. One of the issues that is being raised in particular is the viability of apartment development. I wish to tease that out with the witnesses. There has been a flight in the private rented sector, but that presents an opportunity as well were the State to step into that space. These developments were designed and the finance model in place never intended for these developments to be for sale. These were developments to be developed for rent. If the State or an apparatus of the State in the context of the Land Development Agency, LDA, or an approved housing body, AHB, were to step into that space, are they for sale? If the Government or the LDA were to step in and activate that development through a forward purchase agreement to provide these units for cost rental development, is there a willingness from those developers to make them available for that purpose?

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