Peter Burke (Longford-Westmeath, Fine Gael) | Oireachtas source

I am not aware of the specific case but I can confirm that the AHB sector has constructed, since 2016, over 15,000 units. Of those, 60% were either through building or Part V. That is a significant aspect.

On the new regulatory regime that is going to be established, internal audit procedures will be set up. There will be monitoring of financial risk and it will be ensured that proper books of account are held. Currently, there is significant oversight under the public sector spending code, the circulars of the Department of Public Expenditure and Reform and the Local Government Audit Service. All are watching in on behalf of the public to ensure the funds are spent appropriately. If the Deputy has a concern about a particular AHB, the mechanisms exist for her to raise it. I encourage her to do so because the oversight exists. The teeth are sharp and ready to respond in any of these areas. Half a billion euro was put into the AHB sector last year, and that is delivering houses on the ground for all our citizens.

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