Oireachtas Joint and Select Committees
Tuesday, 15 July 2025
Select Committee on Housing, Local Government and Heritage
Estimates for Public Services 2025
Vote 16 - Tailte Éireann (Revised)
Vote 23 - An Coimisiún Toghcháin (Revised)
Vote 34 - Department of Housing, Local Government and Heritage (Revised)
2:00 am
Rory Hearne (Dublin North-West, Social Democrats)
Okay. I find it deeply frustrating and a lot of members of the public do as well. It is stated that €3.9 billion is being allocated to housing in terms of capital and then the Minister said €6.8 billion. I have a couple of questions on that. Of the €3.9 billion, how much capital is delivering new, additional units and is not in other schemes like regeneration and remediation? There is the LDA. I cannot remember the exact figure the Minister gave. It was between €1 billion and €2 billion. Then there is the Housing Finance Agency. Will he clarify that the Housing Finance Agency funding is additional new lending to new units being delivered rather than, say, existing obligations in terms of borrowing being given out? Similarly with the LDA, is the money it is spending the Minister referred to in the annual €6.8 billion additional new capital being spent on new units by the LDA?
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