Dáil debates

Wednesday, 8 November 2006

 

Social and Affordable Housing.

1:00 pm

Photo of Noel AhernNoel Ahern (Dublin North West, Fianna Fail)

As the Deputy said, since 2002, cash represents one method by which a developer can fulfil his legal obligations under Part V. As we discussed last week, up to the end of June €38 million was contributed in that way. I made it clear last week and do so again today that without these cash payments 12% or 14% would be added to the output. It is not a case of cash representing half of the business so to speak.

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