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:

It was not a case of either or, to be clear. In making the decision to support and launch the momentum fund, we were very clear that we would still have sufficient finance available to fund small- and medium-sized schemes, and that is still the case today. It did not compromise, sacrifice or take away from our ability to fund these. That is why I said at the outset that 65% of all of the homes we have funded are on schemes with fewer than 50 homes. We are delivering to that original mandate.