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:

I am happy to provide the breakdown for the three schemes. That is no problem. I do not have that breakdown with me now, but we will be happy to provide it after the meeting. In response to some of the earlier points made and the Deputy's own point, we are absolutely committed to funding small and medium-sized developments wherever there is viability. Obviously, we would like to see more homes in some of the locations the Deputy spoke about. That is why we have teams out in those locations trying to generate awareness that we exist and to fund those homes. The momentum fund is time-bound. We have closed it because we believe there is now sufficient funding available in the marketplace for these schemes. It is no longer needed to step in.