Ms Caroline Curley:

It is always a snapshot in time. We get houses back every week. We went to the council with 99 units under voids which would also attract the €11,000 local money from the Department. We had a number of long-term vacant units that needed up to €180,000 to be spent on them. When they were put together and all the money that can be claimed from the Department was combined there was a shortfall of €7.7 million. The amount of the loan that was repurposed was €6.4 million but we had some other money saved from capital. The council agreed to do that.