Dáil debates

Tuesday, 17 June 2014

Other Questions

Social and Affordable Housing Provision

4:40 pm

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

The housing summit will be held on Friday and is very much concerned with looking for proposals and ideas. I am sure the Deputy will have an opportunity to feed into that. The strategic investment bank will be able to lend to builders. We have set it up. I could refer to history although I really do not want to do that but the Deputy raised the issue of funding. He knows very well that the absence of capital investment in housing, not just in the past three years but prior to that, under the Fianna Fáil-led Government, was due to the constrictions on capital which were part of the agreement with the European Commission.

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