Oireachtas Joint and Select Committees
Thursday, 1 June 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 6: Central Government Funding of Local Authorities
9:30 am
Mr. Graham Doyle:
Such as Croí Cónaithe, for example. We are also trying to bring in a new cost-rental viability measure. Cost rental started out very well in terms of the early projects, but interest rate challenges in particular have affected the financial modelling of AHBs and other providers of cost rental and they have struggled to make it work in the context of a much higher interest rate environment.