Oireachtas Joint and Select Committees
Thursday, 23 March 2023
Public Accounts Committee
Business of Committee
9:30 am
Catherine Murphy (Kildare North, Social Democrats)
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Very often an authority can apply for local infrastructure housing activation fund, LIHAF, funding to open up a piece of land if there is an impediment to development but it might have money sitting in an account that it cannot spend. I am not sure what the restriction is. The restriction is far more likely to apply in areas where there are very big amounts of money. For instance, Dublin City Council has €40 million, Dún Laoghaire-Rathdown County Council has €40 million and Fingal County Council has €48 million. It is not surprising given the level of development there.