Oireachtas Joint and Select Committees

Thursday, 10 October 2024

Joint Oireachtas Committee on Housing, Planning and Local Government

Housing (Miscellaneous Provisions) (No.2) Bill 2024: Discussion

1:30 pm

Ms Orla Cleary:

Correct. The calculation is of the management and maintenance costs for a property over a term of 40 years, as that is the term that a property is designated as cost rental currently. All of that is factored into determining what the rent is. There is no profit built into the rents, which is something that the AHB sector can deliver and stands out from the private sector. There is no profit element for AHBs.

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