Oireachtas Joint and Select Committees
Thursday, 21 September 2023
Joint Oireachtas Committee on Housing, Planning and Local Government
Cost Rental Tenant In Situ Scheme: Minister for Housing, Local Government and Heritage
Darragh O'Brien (Dublin Fingal, Fianna Fail) | Oireachtas source
We are encouraging all local authorities where we can. It sometimes depends on what properties come to sale. That is also an issue that impacts what local authorities can do. As I said earlier, I expect we will spend in the region of €300 million on this scheme this year. This is the most significant purchase scheme with tenants in situever. I understood there was comment and criticism at the start of the scheme. People thought it was too slow. It is gaining momentum. We need more uniformity. It takes some local authorities longer to conclude a sale. Conveyancing remains an issue and much of that is not within the gift of the local authorities. There are issues in respect of conveyancing with lawyers on the vendors' side.
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