Oireachtas Joint and Select Committees

Thursday, 19 January 2023

Public Accounts Committee

Financial Statements 2020: Housing Agency
Financial Statements 2021: Approved Housing Bodies Regulatory Authority
Chapter 7: Housing Agency Revolving Acquisition Fund
Section 2 Report – Unauthorised Release of Funds from the Central Fund of the Exchequer

9:30 am

Photo of Paul McAuliffePaul McAuliffe (Dublin North West, Fianna Fail)
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I do want to move on to the approved housing bodies but, staying with Mr. Jordan, yesterday there was a very significant announcement relating to apartment defects. There is a proposed role for the agency in respect of the administration of the funding. The Construction Defects Alliance, which has done a huge amount of work on that, has very reasonably pointed out that many of the people running owner management companies, OMCs, are volunteers. They are owners who happen to be living in those developments and would not have the procurement, architectural or fire safety skills needed or even the skills to get the whole-building approach that is required now under the proposed legislation. I accept we are a long way from the final detail on this, but would Mr. Jordan accept that for these schemes to be successful it will be important for his agency to be not only resourced but also able to advise those owner management companies, on a broader range, of other defect schemes relating to individual owners?