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:

We looked at that. Part of the problem here is trying to get the balance right. What came back clearly as part of the economic appraisal was that clarity and certainty are required in the system for landowners as well as the local authority. Having an obligation with an unknown quantum which may arise at some point in the future, and is uncertain or may change, creates a significant risk for housing supply and delivery. What we need to build into the system, and have tried to do with the redesigned measure, is to introduce that clarity and certainty. The idea is that we know from the initial zoning decision what the quantum of the obligation will be. It is fixed for that development plan cycle.

Comments

No comments

Log in or join to post a public comment.