Niall Collins (Limerick County, Fianna Fail) | Oireachtas source

The Housing Finance Agency has a facility available to it. The first thing is that we need to know exactly what they want and how much they need. The picture has been unclear and we want to go about it by taking a structured approach. As part of that exercise, we are also looking at streamlining design in terms of how we are going to approach this. The proposal is to write to them. They will come back to us and this will then be prioritised based on the presentations and submissions they make to us. There are a number of options available, including public private partnerships.

With regard to borrowing, there is the whole idea of on-balance sheet and off-balance sheet, and allowing them to borrow themselves. That is something which is still part of a discussion between our Department and the Department of public expenditure. There is also an ongoing review of the NDP, which is a conversation we are having with the Department of public expenditure, as is every other Department.