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

Photo of Brian StanleyBrian Stanley (Laois-Offaly, Sinn Fein)
Link to this: Individually | In context | Oireachtas source

Until recently AHBs could borrow for 0.5% but we are paying €633,000 per unit. That is an astronomical figure and the maintenance does not run to that kind of figure to bridge the gap between the actual cost of the build and the final figure of €633,000. That is all I am saying.