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

Photo of Steven MatthewsSteven Matthews (Wicklow, Green Party) | Oireachtas source

The cost of the units increase as the input factors increase. The LDA tries to set the rent at 35% so that it is an affordable rent, but if unit costs keep going up and incomes are not going up at the same rate, does the LDA have to sink in more equity in order to achieve the 35%?

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