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

Tuigim é sin. I am saying that a number of matters were raised by this amendment and I would like the opportunity to address some of the points that have been raised, particularly relating to foundations and guarantees of works. I will be brief. I do not want to detain people for longer than they need to be. The grant options have been drastically changed and rightly so. The estimated cost of this revised scheme is €2.7 billion, which is a significant intervention by the State on behalf of residents and homeowners, and rightly so, because there has been a market failure. All of the changes that we have worked through since June 2020, when the consultation began on revising the older scheme, which started in early 2020 and was given a guarded welcome by many but did not operate.

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