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:
In some situations where the CAS mortgage has run out, to come back to Deputy Hourigan's point, a lot of local authorities will enter into what are called CAS-RAS arrangements with the person in order to keep that control. Any operational funds that are given are based on what is projected as being needed to keep the property and would take the rent off.