Ms ?ine Stapleton:

It is very much a twin-track approach. The local authorities also have the continuing opportunity to borrow to acquire land. Sometimes they will opt to do that because they want to acquire a larger site perhaps for mixed community or social use, or other uses, as well as housing.

We will review the land acquisition fund when the €125 million is looking like it has been earmarked, and, if it has been successful, we will look at extending it with colleagues in the Department of Public Expenditure, National Development Plan Delivery and Reform. It is, therefore, very much giving the sector an opportunity to demonstrate that it is active in this space and willing to take up opportunities for site acquisition.