Steven Matthews (Wicklow, Green Party) | Oireachtas source

I agree with that. I have roughly totted up the figures and noted there are to be around 4,000 cost-rental homes produced in the next three years by the AHB sector. I am aware that the LDA also has set a target. The more we see, the more people will become aware that the option is available to them.

The 40-year timeline is in the legislation, the Affordable Housing Act. Is the period based just on the ability to borrow for 40 years? Where did the figure come from? We met an Estonian delegation recently whose members spoke about volumetric and modular construction and timber-framed buildings. They said there is a 50-year life expectancy before substantial refurbishment and renovation has to be done. Where is the 40-year figure coming from? Is it related to borrowing?