Oireachtas Joint and Select Committees

Tuesday, 18 April 2023

Joint Oireachtas Committee on Housing, Planning and Local Government

Housing for All: Department of Housing, Local Government and Heritage

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

I am referring to a specific scheme in which I have seen the modelling and it simply does not work on the €75,000. It will probably work on the €100,000 and it will deliver 22 two-bed homes in Waterford city for rent, which is something that is just not in the rental space in Waterford city at the moment. I take it that Ms Timmons will take that observation away.

If I could, Chair, I will make one last point regarding the cost rental equity loan, CREL, piece that the AHBs access for the delivery of cost-rental units. It is being increased to 45% at a 1% interest rate. Is there any intention of moving in that space? It seems to me that notwithstanding what is happening in Dublin, there is a bit of inertia in that system at the moment where they are waiting for something from the Department. Am I right in saying that? Is there an intention to move in that space because I believe there are a number of schemes-----

Comments

No comments

Log in or join to post a public comment.