Oireachtas Joint and Select Committees
Thursday, 23 November 2023
Select Committee on Housing, Planning and Local Government
Estimates for Public Services 2023
Vote 34 - Housing, Local Government and Heritage (Supplementary Estimate)
Darragh O'Brien (Dublin Fingal, Fianna Fail) | Oireachtas source
That is a very good question. The Supplementary Estimate is giving just short of €150 million to the Department, which is not insignificant. We have looked at some areas where developments may not conclude in December but in January. That is always a risk where the historical dependence on quarter 4 delivery, which we are turning around, continues. What we have done here is that any of the reallocations have been reallocated within housing delivery. For example, the additional €80 million for capital assistance scheme, CAS, delivery is delivering social homes, which is very significant. Taking the additional void money we have brought in as well, the social and affordable housing delivery that I am projecting for this year will be very strong. There will be a significant increase on last year, particularly on affordable. The next number of weeks will be very important because we need to make sure we conclude the year as I am projecting, but we will exceed the overall housing target of 29,000 that was set this year. That is a good thing. We have spent more than €500 million to October this year on capital than we did last year.
Deputy Darragh O'Brien: That is a good question. First, the Supplementary Estimate is about giving and extra just short of €150 million to the Department, which is not insignificant. We have looked at areas whereby we estimate some developments may not conclude in December and may conclude in January t dna That is why there is always a risk, particularly with there still remains a historical dependency on Q. 4 delivery which we are turning around. What we have done here is, any of the reallocations have been reallocated within housing delivery. Taking the example of the additional €80 million for the capital assistance scheme, CAS, delivery. That is delivering social homes very significantly. There is the additional void money we brought in as well. I am projecting that our housing delivery this year on both social and affordable will be very strong and there will be a significant increase on last year, particularly on affordable housing. The next number of weeks are very important because we need to make sure we conclude the year as I am projecting but we will exceed our overall housing targets of 29,000 that were set this year. That is a good thing. We are spending more. We spent approximately just over €500 million more on capital to October this year than we did this time last year.
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