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
Ms Claire Feeney:
With regard to Part V, the default position is that local authorities are supposed to try to buy the units. There are instances in the build-to-rent sector, for example, where they may not be able to and must enter a long-term lease. However, in the main, the properties are bought. That is what the Department encourages local authorities to do.