Oireachtas Joint and Select Committees
Thursday, 10 February 2022
Select Committee on Housing, Planning and Local Government
Estimates for Public Services 2022
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised)
Darragh O'Brien (Dublin Fingal, Fianna Fail)
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We have underpinned the programme on a multi-annual basis to ensure that the LDA, now that it has been established on a statutory footing with the help of the committee and most Members, can be capitalised. The Minister of State mentioned that it would be capitalised imminently. It received its first capitalisation through the Ireland Strategic Investment Fund, ISIF. The HFA is a source of low-cost lending, particularly to AHBs. We have been able to secure that as well. In each year, we are looking at in or around €4 billion - that will grow - in investment in new social, affordable and cost-rental homes.