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)

Photo of Cian O'CallaghanCian O'Callaghan (Dublin Bay North, Social Democrats) | Oireachtas source

I am trying to get a handle on the €220 million that is not going to be spent on local authority housing. We know that €80 million of that is going into CAS so where is the rest of that €220 million, the €140 million, going? That is my first question. Rather than doing a back and forth, I will ask a second question now and give the Minister the space to respond. Let us say the €220 million allocated for local authority social housing had been spent. That funding for local authority homes can be matched by lending from the Housing Finance Agency. That is not 100% capital grants but just pays for a portion of the build. If the €220 million was spent on homes, what percentage would go into capital and how much is matched through loans from the Housing Finance Agency? Is that equivalent, in terms of the €80 million on CAS?

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