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

On the Deputy's last question, it will depend on the scheme itself. In certain instances, based on the figures I gave the Deputy, there will be a cost reduction pertaining to homes across the site. A certain percentage will be taken off the proposed selling price or the proposed rental price.

With regard to the affordable purchase scheme, again it will depend on the cost of delivering a house and what kind of stake will be taken in terms of the equity scheme.

What we have announced already are the income eligibility requirements, which are €50,000 for an individual and €75,000 for a couple. That is important in terms of knowing who will be able to access these schemes.

When I sign development commencement orders under the legislation, local authorities will be able then to make regulations in each of their local authority areas as to access. We are about to put a call out for the serviced sites fund, which is €25 million for the affordable purchase scheme, which will follow on from the Ó Cualann model. That is the model from which it comes in terms of having local authorities work with housing bodies to deliver affordable purchase scheme homes.

Money was assigned in the budget for me to proceed with the second phase of the local infrastructure activation fund, LIHAF 2. Projects that were not successful in the first phase of it can apply in the second phase of it if and when that is announced, but if we are proceeding with a second phase of LIHAF, I want to make that it can achieve what we want it to achieve, which is the unlocking of sites of strategic importance in local authorities up and down the country and doing that quickly. If there is any concern that we might not be able to do that at speed, that might be something we would look at again, but at present I am still reviewing plans for LIHAF 2.

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