Mr. John Coleman:

Some €3.75 billion of equity capital has been committed to the LDA to date. We are permitted to borrow a further €1.25 billion. We will look to advance that over the next 12 months to increase our capital capacity for investment in affordable homes. There is provision for a further €1.25 billion of capital to be made available to the LDA. We typically call on that capital as required. We need to ensure we have enough capital to support the financial commitments we make, which are multi-annual and typically go beyond the current year. The requirement is for a commitment of roughly two and a half years. We never need it all upfront. We have been well capitalised to date and for now. However, to deliver on the ambition set out in the business plan the Deputy has referenced, it will be important for us to keep talking to the Government to ensure we have sufficient capital to deliver. We are on track on that programme.