Oireachtas Joint and Select Committees

Tuesday, 23 January 2024

Joint Oireachtas Committee on Housing, Planning and Local Government

Update on Affordable Homes, Public Lands, Strategic Planning and Projects: Land Development Agency

Mr. John Coleman:

Our calculations and our financial model starts with the rent and how we get it to a point where it is affordable for the target market. That is where we point it all the time. We discuss and negotiate with the Department through the Housing Agency to get STAR. For a start, we would like the maximum amount available that we can, but it is allocated based on a rules-based system. Our objective is to try and produce rents that are as competitive as we possibly can.

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