Oireachtas Joint and Select Committees
Thursday, 26 January 2023
Public Accounts Committee
Appropriation Accounts 2021
Vote 34 - Housing, Local Government and Heritage
Local Government Fund Account 2021
2021 Report of the Comptroller and Auditor General
Chapter 4: Re-allocation of Voted Funds
Chapter 6: Central Government Funding of Local Authorities
Chapter 7: The Housing Agency’s Revolving Acquisition Fund
9:30 am
Ms Caroline Timmons:
Bridging funding is available, as the Deputy said, from the Housing Finance Agency where needed. What will happen is that once local authorities sell the houses into the private market that money is taken and used for another CPO process. The idea is that the money revolves-----