Oireachtas Joint and Select Committees

Wednesday, 17 April 2024

Select Committee on Housing, Planning and Local Government

Planning and Development Bill 2023: Committee Stage (Resumed)

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

On viability, not only does Part V assist with viability by putting downward pressure on land prices, it also helps with the viability of projects in terms of there being a certain percentage of guaranteed sales that the developer knows it will get. That helps with financing of the project and its entire viability because the developer is guaranteed 20% upfront sales. That helps developers plan out a project.

On constitutionality, legal experts have strongly made the case that it is for the Oireachtas to make these decisions, which are policy-related decisions, and so be it if they are contested thereafter in the courts. As regards the Government decision, how did we go from the 10% back to the 20% without there being issues in that regard? How were the costings on that done with regard to the contribution of the developers? Was there any additional burden put on the developers or was it simply spread more evenly? Was the subsidy on the 10% not just spread by extending it to the 20% in any event?

Comments

No comments

Log in or join to post a public comment.