Oireachtas Joint and Select Committees

Tuesday, 13 June 2023

Joint Oireachtas Committee on Housing, Planning and Local Government

Infrastructure Provision and Residential Developments: Discussion

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

I have engaged with some of the members of the CIF, and I know it is not a big issue for the bigger players in this, but is it not a cash flow issue for some of its smaller members? There is that piece. Uisce Éireann is being recouped by the Department for it. Could that be frontloaded? Is there an engagement at Department level? The way I see it, there is a cash flow issue for the smaller developer who is bringing forward a development. They might have had €150,000 or €200,000 that they could use as cash flow to bring forward another 20 or 30 units, but now they cannot because they are paying upfront, notwithstanding that they are going to get it back because they have to borrow for that.

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