Eoin Ó Broin (Dublin Mid West, Sinn Fein) | Oireachtas source

I want to go through three of those because they are significant. I want to go through the €220 million underspend in social housing for local authorities, the €24 million underspend in defects and the €70 million underspend in the affordable housing fund. I accept the Minister is reallocating that money elsewhere, and I will come to that. Am I correct to say that the €220 million underspend within the local authority subhead is local authority new builds, which are not going to get built within this year and therefore the money is being moved to other areas?