Oireachtas Joint and Select Committees

Thursday, 10 October 2024

Public Accounts Committee

Financial Statements 2023: Land Development Agency

9:30 am

Photo of Brian StanleyBrian Stanley (Laois-Offaly, Sinn Fein) | Oireachtas source

From reading the information supplied before the meeting and other information that is available, I understand that the LDA has to provide a minimum of 40% of cost rental or affordable purchase properties in any development it goes into.

In other words, there has to be 40% developed under those two models. Is it correct that 60% can be sold off by a private developer?

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