Leo Varadkar (Dublin West, Fine Gael) | Oireachtas source

I do not have an update on Carillion, except to note that the National Development Finance Agency and the Department of Education and Skills are working to resolve the matter as quickly as possible. I heard a radio report this morning on children and teachers who are very keen to get into their new school and we are keen to make that happen as soon as possible.

On Home Building Finance Ireland, HBFI, the Government made a decision today to prepare legislation for the HBFI. It is important to make a distinction between loans and grants. HBFI will provide loans to developers who will use the money to build houses and apartments - homes for people - and then repay it with interest. I have read some poor commentary comparing the amount of money we are providing for social housing with the amount we are providing to HBFI. There is a difference between grants and loans. With the latter, one gets all the money back plus interest.

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