Darragh O'Brien (Dublin Fingal, Fianna Fail) | Oireachtas source

I am more satisfied now than I was previously. I engage with the agency on a regular basis. We are seeing own-delivery housing from the agency, including St. Kevin's in Cork, Devoy Barracks and Shanganagh. We will see more of that. I want to see the Colbert Quarter scheme in Limerick progressing. That development is really important. The LDA is moving ahead and scaling up its delivery. The first lot of capital we gave it is fully committed. That is why we had to further capitalise it.

Project Tosaigh has been very successful. The Cathaoirleach may have seen the press release earlier today outlining that the framework arrangements through the LDA for the next round of Project Tosaigh are in place. The agency has announced specific partnerships with house builders to deliver 5,000 new and, crucially, affordable homes. It is really scaling up its activities. The panel that has been put in place comprises some of Ireland's largest and most experienced home builders. This activity builds on the more than 2,800 homes already delivered or agreed by the LDA with its partners. In the next two years, the LDA will be one of the biggest, if not the biggest, builders in the State. It is already getting there. We have managed to scale it up in a very short space of time. The Chair will recall when we had no legislation for the LDA. Thanks to his work and that of the committee, and with the support of most of its members, we passed the Land Development Agency Act and capitalised the agency. It has used that capital to deliver affordable and social housing across the State. The future is bright for the LDA. It is scaling up now at an impressive rate.