Oireachtas Joint and Select Committees
Wednesday, 25 November 2020
Public Accounts Committee
2019 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Housing, Planning and Local Government.
Local Government Fund
Chapter 2 – Central Government Funding of Local Authorities.
4:30 pm
Brian Stanley (Laois-Offaly, Sinn Fein)
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This puts the local authority which is trying to operate alongside these units on the same estate in a very difficult situation. I am not arguing against the approved housing bodies, many of which are doing very good work, but they are in a financially healthier situation where they have 80% or 85% of the market rent, plus the differential rent scheme that the council would receive from a tenant within an ordinary local authority house, which could be up to €150 or €100 a week.
They have 80% of the market rent on top of that, which is substantial. Regarding the 80% or 85%, when I dealt with it, I think it was 85% for housing.