Oireachtas Joint and Select Committees

Tuesday, 18 June 2019

Joint Oireachtas Committee on Housing, Planning and Local Government

Affordable Housing: Discussion

Mr. Jim Baneham:

Several questions were addressed to me. I am not competent to talk about certain elements of the Land Development Agency. Some questions are more appropriate for the Land Development Agency itself. However, I can certainly talk about our interaction with it. Before I go on to that, Senator Boyhan asked about the cost of the land on Enniskerry Road. He is correct. It does have a value. There is a cost to the State in providing it for zero cost. A recent evaluation undertaken for our own accounting purposes valued the site at around €8 million. It is being provided for social and cost rental purposes with no additional costs being passed on to the project, but it is worth at least €8 million.