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

Mr. Roger Harrington:

I will speak to that. A piece of work is being done in the Department, looking at this particular situation at the moment. It is referred to as the unencumbered units working group. It is effectively looking at these future pieces particularly around the disparity. Deputy Murphy raised this issue. What happens when the loans are ended is that there is a disparity between the income and expenditure in respect of the particular units. That working group is looking at that at the moment. I gather it is due to report mid-year.