Dáil debates

Wednesday, 15 May 2024

Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2024: Report and Final Stages

 

4:40 pm

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

HAP is State-supported housing. We can dance on a pinhead about what it is. Of course it is not council housing, but it is State-supported housing in that the State is paying. It is not the ideal. We want people to be in secure affordable homes with long-term secure tenure. That is the State's objective and why we have gone back to building at real scale. A total of 800 social housing units in one year in Cork city is serious output.

We are not putting a cap on the ambition of that local authority or that of others around the country in terms of delivery. Affordable homes are being built in the Deputy's constituency and elsewhere. A couple of weeks ago, I was in Ballincollig and Lehenaghmore where I saw two affordable purchase schemes totalling 115 units. Do we need to do more? We absolutely do, but we are doing that. For a long time, affordable schemes were not being developed but they are now coming through the system.

In response to Deputy Flaherty's point, he raised an issue around regional development. I point to the mandate of the ISIF and its investment strategy, which is about supporting the regions. The fundamental purpose of this fund is to ensure that the NDP can be consistently delivered, irrespective of what happens in the economic cycle and as part of the Estimates process and political decision-making in terms of where that funding is spent.

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