Mairéad Farrell (Galway West, Sinn Fein)
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It is €435,000. I understand from the NewERA report that the LDA's direct delivery costs are quite similar to the costs for Project Tosaigh. Is that the case?

I am just receiving information that the LDA is off-balance sheet but we will have to come back to this. This is taken aside from what I was going into.

When a buyer wants to buy a house outright, what seems to be required is to pay a higher open market valuation than the actual all-development costs for an LDA unit. Is that correct? I know I have been jumping between the two things. I understand from the NewERA report into the LDA's business plan that the direct delivery costs are similar, or potentially more expensive, than the Project Tosaigh costs. If there is an affordable purchase price, what will happen is when the buyer wants to buy and own a house outright, he or she will be required to pay potentially an even higher open market valuation than the actual all-development costs for a unit.