Oireachtas Joint and Select Committees

Thursday, 10 October 2024

Public Accounts Committee

Financial Statements 2023: Land Development Agency

9:30 am

Mr. John Coleman:

We have done other affordable schemes in Navan, Hollystown in Dublin, Kilbarry in Waterford and Mallow in Cork. We have operated those schemes on a cost-recovery basis. We support the developer to build them out and we just recover what we paid from the end user. In respect of the properties at Shanganagh in Shankill, the Cathaoirleach asked about any surplus from the equity. It is owned by the local authority. That is an asset of the local authority.

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