Oireachtas Joint and Select Committees

Wednesday, 8 May 2024

Committee on Budgetary Oversight

Stability Programme Update: Discussion

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

We have a range of different sources of funding for social and affordable housing, cost rental and so on, including through the Land Development Agency, LDA, where there is capital capacity of about €5 billion of funding for the development of such homes. We have HBFI. We have ISIF, which is focused on private development, but that yields social and affordable housing as well in the form of Part V. We can prepare a note of the different treatment, from an accounting point of view, of the borrowing and the associated spend on each of those different arms that are contributing to housing output if that would be helpful.

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