Joan Collins (Dublin South Central, Independent) | Oireachtas source

Does the Minister expect to apply for the other tranche from the European Investment Bank when that money is drawn down, has been committed or the 29 projects have received consent to go ahead? The Minister has suggested the timeline for this is the end of next year. Does the Minister envisage that by 2018 there will be another drawdown from the European Investment Bank of €200 million?

Can the Government draw down more from the European Investment Bank?

Other European countries have drawn down a lot more from the European Investment Bank that could be put into supporting the work being done. It is positive that the money is being drawn down by those bodies and local authorities. It would be part of what is needed but does not take away from the emergency on our hands and more people will face homelessness. Next April the two-year cap on rent will be up. Will we immediately bring in another two-year cap because when that cap is lifted we will see many more homeless people on the streets?

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