Oireachtas Joint and Select Committees
Thursday, 30 January 2014
Public Accounts Committee
2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Land Swap Arrangement in the Provision of Affordable Houses
Vote 13 - Office of Public Works
11:10 am
Ms Geraldine Tallon:
No, it was not a Part V development. The concern of the Government at the time was that Part V was not generating a sufficient number of units sufficiently quickly to address the impact of the rapidly escalating market. In the context of the Sustaining Progress social partnership agreement, a decision was taken to set up an affordable housing initiative. It was designed to complement Part V and in recognition that Part V developments were not delivering quickly enough.