Oireachtas Joint and Select Committees

Thursday, 20 November 2025

Public Accounts Committee

Exceptional Funding of the Peter McVerry Trust: Discussion

2:00 am

Mr. Fergal O'Leary:

We have a property standard. Over the past couple of months, we have been working with the trust on improvement in the way it manages its assets. As I have said a number of times, we still do not have a full fixed asset register that we can rely upon. That is critical to all of the matters that need to be done for each of those buildings to make sure that the tenants, if they have them, are safe. There are also issues such as voids and unencumbered assets. We are still working with the trust on that. However, there has been a lot of improvement over the past couple of months in terms of its policies and procedures. In regard to recording tendencies with the Residential Tenancies Board, RTB, that is something we have been focusing on with the trust. We are seeing improvements there over the past while, but I will keep saying this - there is still a ways to go in terms of being compliant.

Comments

No comments

Log in or join to post a public comment.