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

This vehicle will not cost us anything. We will make a profit out of it because the developers will have to repay the full loans with interest, which is much different from grants. In the meantime, the developers will use the money to build houses and homes and increase the supply of all forms of housing at all different price levels, which is what we should be doing.

LIHAF, the local infrastructure housing activation fund, is different because it is the State doing what it should do, namely, building infrastructure to make lands accessible. It provides funding for housing infrastructure such as roads and water.

I very much agree with Deputy Burton on traffic in Dublin. It was particularly bad this morning.

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