Oireachtas Joint and Select Committees
Thursday, 13 June 2024
Joint Oireachtas Committee on Housing, Planning and Local Government
Housing for All: Discussion
1:30 pm
Darragh O'Brien (Dublin Fingal, Fianna Fail) | Oireachtas source
I did not expect cost-rental tenant in situ to be expansive enough to do thousands of them. We have had about 281 homes referred. The bidding process is relatively early in it. We had issues with some of it. These are properties in the main that are occupied by people above the social housing limits. The cost-rental net income limits apply as well. There have not been that many of them and I did not expect many. I have not come across a trend that this is an issue within the scheme.
We are not purchasing below market value but there has been a view that because councils are involved or the Housing Agency are involved they are trying to purchase it for less. We will get our valuation, the owner will get the valuation and it is worked through like a normal process. I have not seen that in particular.
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