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

Aside from what will be delivered through the first home shared equity scheme in South Dublin County Council there are more than 1,100 affordable homes in the pipeline between now and 2026. We will have thousands more through the first home shared equity scheme that will launch in July. It will give first-time buyers and those on the fresh start principle the opportunity and choice to be able to buy homes in private estates, with the State stepping in to help to bridge the affordability gap by taking equity.

With regard to the issue that arose in Kilcarbery there were issues previously in Lusk. They have been resolved. I will be very straight with the Deputy on this. It is a new scheme of priorities. The regulations were published. Some work had to be done with the banks on the conveyancing side. This has been resolved. I understand there will be a meeting today or tomorrow on this. The good thing is that once these have been resolved, which they have been, they will be resolved for every scheme in future. It is the clarity that was needed. The Department has engaged with the Banking and Payments Federation Ireland on it and we should be able to see these homes move forward and people move into them.

See this speech in context