Oireachtas Joint and Select Committees

Tuesday, 27 May 2025

Joint Oireachtas Committee on Housing, Local Government and Heritage

Challenges Relating to the Delivery of Housing: Discussion (Resumed)

2:00 am

Dr. Mark Cassidy:

The Central Bank itself does not provide such funding. The banking sector has provided significant funding in recent years. It has indicated a willingness to increase this in the current year by 40% or 50%. It has the scope and the capital headroom. There is not enough demand to meet the amount of money the central banks are willing to lend. This is evident in the fact that they have undrawn credit lines available. For us in the coming years, there will be the amount of bank financing required. The real uncertainty is in availability of equity financing to top that up.