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

I thank Deputy Bruton for his support, for his contribution on matters relating to housing and for his commitment in his constituency to delivering affordable homes for people in his area, across Dublin, and the country. Croí Cónaithe is an important fund that will help unlock and deal with the viability issue. We are working through the specific mechanisms around how subsidies will work. The subsidy will be passed on to the homeowner. It will be for owner-occupiers only and will be equivalent to the VAT amount that would have been paid on a particular apartment. Many people have sought a VAT reduction or cancellation, but we believe this is a better way of doing it. We will open the fund up to a call. We will manage specific calls that come to us through my Department. They will be considered in regard to value for money and ensuring there is delivery of housing because we need to achieve the level of building 33,000 homes a year, which we will achieve with the assistance of the Croí Cónaithe fund.

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