Oireachtas Joint and Select Committees
Thursday, 12 June 2025
Public Accounts Committee
Business of Committee
2:00 am
Mr. Seamus McCarthy:
Deputy Bennett raised a question as to the source of funding for Home Building Finance Ireland. It is a borrowing from the Ireland Strategic Investment Fund by way of a funding facility that was made available to HBFI. It has drawn down approximately €305 million. That is what was outstanding at the end of 2024. The shareholder in Home Building Finance Ireland is the Minister for Finance rather than the Minister for housing.