Oireachtas Joint and Select Committees
Thursday, 20 January 2022
Joint Oireachtas Committee on Housing, Planning and Local Government
Land Development Agency: Chairman Designate
Mr. Cormac O'Rourke:
I thank the Deputy for the suggestion. I am struggling to think of an occasion where I have seen 50 or 60-year financing.
It is our intention with respect to the debt side of the business to engage with the European Investment Bank, EIB. As the Deputy is well aware, EIB funding is probably the cheapest available, provided one fits one of its mandated areas, and social housing is very clearly one of those. We will engage with it.