Oireachtas Joint and Select Committees

Thursday, 4 May 2023

Joint Oireachtas Committee on Housing, Planning and Local Government

General Scheme of the Land Value Sharing and Urban Development Zones Bill 2022: Discussion

Ms Claragh Mulhern:

Not on a per-unit basis. To go back to the work that was undertaken by Indecon in looking at typical examples, it considered a potential development scheme or planning application. Within that, it probably considered development contributions, water connections and all the rest. It is often extrapolated from unit costs. In terms of the figures we have, we would need to consider how it all breaks down in order to be able to ascertain the unit cost. I do not have that answer today. On the specific question regarding how much of that would be passed on to the purchaser, the idea of the design of the measure and the work we have undertaken in the past year, as we have been explaining this afternoon, is to try to bring it back to the zoning decision so that it is embedded within what is paid for the land up front. That reduces the risk that it becomes a cost at the end of the process.

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