Oireachtas Joint and Select Committees
Thursday, 10 October 2024
Public Accounts Committee
Financial Statements 2023: Land Development Agency
9:30 am
Mr. John Coleman:
I am not sure if I am looking at the same schedule as the Cathaoirleach. Cost rental is based on the cost. Affordable purchase is based on a different mechanism, which is the open market value, In Shankill, open market values happen to be higher than normal. In other locations where we sold affordable homes, including Navan, Waterford and Mallow, the values are much lower.