Oireachtas Joint and Select Committees

Thursday, 3 March 2022

Public Accounts Committee

2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Home Building Finance Ireland - Financial Statements 2020

9:30 am

Ms Dara Deering:

That would have been proposed by the HBFI. In proposing to do anything strategically, however, we would engage with the Department of Finance as part of that discussion. The proposal, though, came from the HBFI.

Part of our role is to try to anticipate where gaps may emerge, and not wait until they happen but actually make sure we have a product offering to support that increase in supply. That was absolutely what we did with the momentum fund and, obviously, the demand follows.