Jan O'Sullivan (Limerick City, Labour) | Oireachtas source

Deputy Wallace is correct that we want to put pressure on the banks and ensure zoned land is built on. All these issues are addressed in Construction 2020. I acknowledge that final decisions have not been made on some elements, including Part V, but I assure Deputy Wallace that I have no intention of caving in to any lobby on Part V.

We intend to maintain a Part V. We are looking at whether its format needs to be changed because, as Deputy Wallace correctly stated, it did not deliver. In fact, it delivered a small number of units in comparison with what it was meant to deliver, despite all the construction that was going on during the boom. It needs to be reformed.

I want to protect the 10% social housing element of it, but we have not yet finalised our decisions on it. The other 10% relates to affordable housing. There is a general issue of affordability that needs to be addressed and we need to have a conversation around what we mean by affordability. There are issues to be decided in that respect.

Certainly, my commitment is that we will get units from Part V. In the past, unfortunately, while money or land was transferred, it did not result in the units for social housing.

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