Oireachtas Joint and Select Committees
Tuesday, 17 June 2025
Joint Oireachtas Committee on Housing, Local Government and Heritage
Challenges Relating to the Delivery of Housing: Discussion (Resumed)
2:00 am
Mr. John Coleman:
It would strengthen our position for sure. The mechanism for arriving at the value to be paid for State lands is set out in the Land Development Agency Act. As the Deputy will know, it is essentially existing use value, which is lower than the open market value. We understand that the ongoing CPO review might shed further light on how far we can go in this regard. We continue to engage with the Government on the issue.