Dáil debates

Tuesday, 14 June 2016

2:35 pm

Photo of Enda KennyEnda Kenny (Mayo, Fine Gael) | Oireachtas source

That is in respect of the €200 million, which will be funded by €150 million from the Exchequer matched by a €50 million local authority contribution. It is Exchequer money and, therefore, on-balance sheet. It is designed because of the obvious difficulty in a number of locations, particularly in the Dublin area, where there is serious potential for building sizeable numbers of houses but the sites are inaccessible because of the requirement for road openings, bridges and whatever else. The fund is designed to allow local authorities to compete to draw money to open up such sites in order that they can build houses and deal with the supply issue, which, as Deputy Howlin knows, has been the main restriction on people securing homes. I will revert to the Deputy in respect of the expenditure of the €400 million that was allocated last year.

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