Oireachtas Joint and Select Committees

Thursday, 12 June 2025

Public Accounts Committee

Business of Committee

2:00 am

Mr. Seamus McCarthy:

Deputy Bennett raised a question as to the source of funding for Home Building Finance Ireland. It is a borrowing from the Ireland Strategic Investment Fund by way of a funding facility that was made available to HBFI. It has drawn down approximately €305 million. That is what was outstanding at the end of 2024. The shareholder in Home Building Finance Ireland is the Minister for Finance rather than the Minister for housing.

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