Oireachtas Joint and Select Committees
Tuesday, 23 January 2024
Joint Oireachtas Committee on Housing, Planning and Local Government
Update on Affordable Homes, Public Lands, Strategic Planning and Projects: Land Development Agency
Mr. John Coleman:
The amount of the capital that is given to the LDA. There are two shareholders: the Minister of Public Expenditure, National Development Plan Delivery and Reform and the Minister for Housing, Local Government and Heritage. The Minister for Public Expenditure, National Development Plan Delivery and Reform subscribes to all our additional share capital. He funds that by transferring money out of ISIF to buy our shares. There is no payback to ISIF.