Oireachtas Joint and Select Committees
Thursday, 2 March 2017
Public Accounts Committee
2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Environment, Community and Local Government
9:00 am
Mr. John McCarthy:
The Deputy must also bear in mind that the HFA has a particular state aid clearance for borrowing because it is a State entity. That is primarily in relation to housing and water-related infrastructure, so it does not have a capacity to lend in certain areas and local authorities would need to-----