Oireachtas Joint and Select Committees
Thursday, 10 October 2024
Public Accounts Committee
Financial Statements 2023: Land Development Agency
9:30 am
Mr. John Coleman:
The construct in Shanganagh, which is a partnership with Dún Laoghaire–Rathdown County Council, is there are 597 homes in total, of which 200 are social homes. Those 200 homes will be retained and owned by the council or its nominees; it could bring in an approved housing body to fulfil that role. The council will, therefore, operate those homes. We are particularly happy with that because it represents a really good social mix. There are also 91 for-sale homes on an affordable basis and 306 cost-rental homes, which we will hold and operate. We pay the contractor every month to build the social homes. As they will be owned by Dún Laoghaire-Rathdown County Council, however, it is reimbursing us for the cost incurred related to those social homes as we go.