Dáil debates

Thursday, 5 July 2018

Home Building Finance Ireland Bill 2018: Second Stage (Resumed)

 

6:05 pm

Photo of Danny Healy-RaeDanny Healy-Rae (Kerry, Independent) | Oireachtas source

I am glad to have the opportunity to again talk about this very important matter. Since I entered the Dáil almost two and a half years ago there have been enough plans, schemes, reports and papers provided with which one could build several houses. That is the truth. I am very sceptical about this initiative. The Minister of State said "... a small equity investment of €20 million is expected." It is not at all sure that anyone will receive the €20 million. That is with what we are starting. The Minister of State also said, "With this allocation it is expected that HBFI will have the capacity to fund the supply of more than 6,000 additional homes in the coming years." There is no doubt in the world that 6,000 homes will be built in the coming years, but about how many years are we talking? There is no mention at all of this.

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