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

I am pleased the Deputy mentioned that. There are a few initiatives. One very significant one was the creation of the Land Development Agency, which ensures that State-owned land is used productively. We bring land that has not been previously identified or used for housing into public use, and if we bring more land like that at a greatly reduced cost in many instances, effectively a zero value, that will have a positive impact on the overall cost of land because in many of those instances, the cost of land will be near zero as a result of the 90% affordability threshold we will be setting along with the 10% affordability element. There are other measures but the Land Development Agency will be significant in terms of ensuring that we use State-owned land productively at a much lower cost than normal land prices.

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