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:

What we see from the demand that comes our way is that there is still very strong demand for owner-occupier units. Moreover, some of the schemes we have funded for the private rental sector were under the momentum fund, but that fund is now closed. We brought it out as a response to Covid-19 because we had anticipated that the funding of some larger schemes, which traditionally would have been supported by mainstream banks, might be constrained in the short term. For that reason, I do not expect to see a material increase over the coming years.