Mr. Niall Byrne:

-----from the Department of Housing, Local Government and Heritage. We had an uplift in our grant last year and I believe there has been an uplift in the grant this year.

The RTB also has reserves and its board is focused on developing a plan for the investment of those reserves. I am referring to the functions of the RTB and making the RTB as efficient and effective for the future as it can be.

Our issue is not really about resources. It is more about skills than about scale, although there are questions about whether we have the right numbers of people doing the right jobs and whether they have the right skills. We have a process under way under our strategy whereby we are seeking to develop, with the help of consultants, a new operating model for the RTB that would take into account many of the things we are talking about today in the context of our strategy and the future structure that would make the RTB much more capable of delivering on the strategy set out. We think the strategy approved by the board last year is very sensible and relevant to many of the things we talked about today and that, by the end of 2025, it would bring the RTB to a very different position than it was in coming into 2022, for example. That is the path we are on but we have to have an appropriate structure. The process associated with defining relevant staff skill sets and competencies and how we might engage those through the market is under way, and we expect to have a recommendation for a changed organisational structure by the end of this year.