Dáil debates

Wednesday, 31 January 2018

Other Questions

Home Loan Scheme

11:20 am

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

I do not understand the contradiction in the point made by the Deputy. He should not look at any one measure in isolation. The Rebuilding Ireland home loan and affordable purchase schemes are only part of the affordability measures we have introduced. To date, we have introduced the An Bord Pleanála fast-track process to remove time and costs from the process for developers. It is proving successful so far. Thousands of applications are already before the board and many thousands are waiting to come before it with sites to provide more than 100 homes or more than 200 bed spaces. We also have the local infrastructure housing activation fund, LIHAF, which Deputy Richard Boyd Barrett and I discussed earlier. It provides for the use of €200 million in the first phase and €50 million in the second phase from a direct Exchequer funded fund to have up to 21,000 homes built on sites across the country. We have a national turnkey campaign to do exactly what the Deputy spoke about - going to builders and developers to say to them that if they build on a site, we will be willing to buy a certain percentage from them as social and affordable housing in order to have a mix of housing. If the Deputy looks at the public land on the Rebuilding Ireland land map which is available online, he will note that one third of it has been allocated for social housing. We know that on the remaining two thirds we can build social and affordable housing, as well as private housing, to have a mix as we look to the future. That is work the Minister of State, Deputy Damien English, and I are doing with the new building unit in the Department and the new land management group.

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