Ms ?ine Stapleton:

I will answer that. In 2022, we put in place a housing acquisition fund of €125 million initially which is being overseen by the Housing Agency. Working with the local authorities, it is facilitating the purchase of land to address the issue of the land gap for social housing delivery. It is very much a strategy to encourage more local authority own-build and to ensure we have that pipeline of land going forward. The valuation of land will be an issue. It will be expensive in some areas but the local authorities will have the additional guidance and expertise of the Housing Agency to ensure valuations are independently achieved and we get best value for money in the circumstances.