Dáil debates

Tuesday, 9 April 2019

Ceisteanna - Questions (Resumed) - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions

Credit Unions

6:35 pm

Photo of Darragh O'BrienDarragh O'Brien (Dublin Fingal, Fianna Fail) | Oireachtas source

One could take this away from being a credit union issue and say it is a social housing issue. Government policy since 2014 has been to provide alternative sustainable sources of funding and here is one that has not been utilised in five years. The Minister of State has regularly replied to questions that I have tabled that one credit union body had a special purpose vehicle ready. What is happening there? Why has not a single red cent gone into the special purpose vehicle? Is there no appetite for it? Does the Minister of State not think it is needed? What is the final phase that we are still waiting for and what is the Minister of State's timeframe for that completion? He has mentioned rightly that AHBs are on-balance sheet now. He has another source of funding here that could be off-balance sheet to provide social and affordable homes. I really do not get it and that is why I ask the Minister of State questions repeatedly. Is this a priority or is it something that the Government does not want to do?


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