Brian Stanley (Laois-Offaly, Sinn Fein)
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I note the Housing Finance Agency, HFA, has reserves of €74 million. However, it must pay back the money it has borrowed commercially. Is that an incentive for the agency to be putting the squeeze on local authorities and the Department to come up with solutions? Last year, arrears over 90 days on shared ownership houses stood at 38%. I have no reason to believe that has changed for the better. This crisis must be faced up to. My primary concern is for the people who are in such arrears. However, the agency must get the cash back in too. That is the reality of its operation.