Eoghan Murphy (Dublin Bay South, Fine Gael) | Oireachtas source

There is no confusion at all. Under LIHAF 1 and LIHAF 2, depending on the scheme, there will be a cost reduction per unit across the site. Under other schemes there will be affordability, there will be ring-fencing of a certain number of units and affordability criteria will be put in place. If it is the affordable-to-buy scenario, there will be a greater reduction in the market price; if it is an affordable-to-rent model like some of the schemes in, for example, Cork, rent coupons will be given to help people to access that.

Two people on average annual earnings as per the CSO figures can get a mortgage on a home costing €290,000. I have said that a number of the sites in Dublin will have houses or two-bedroom apartments coming in at under €320,000. I will be publishing the data on the 22 projects shortly. The Deputy will be able to see the type of house prices in those schemes outside Dublin. Many of them will come into the price bracket to which he referred.

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