Batt O'Keeffe (Cork North West, Fianna Fail)

Already, through Part V, site subsidy is achieved by virtue of the fact that land components of the cost of homes reflect only the existing use value, that is, the agricultural value of sites. Under the affordable housing initiative, the site subsidy is achieved. The process is in place. Under the 1999 affordable housing scheme, a site subsidy can be provided by the Department where necessary. That subsidy is payable for the Dublin metropolitan area——

See this speech in context