Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

I thank Deputy Ó Fearghaíl. That is why the work of Home Building Finance Ireland, HBFI, is important. As the Deputy does, I absolutely support the need for our banks to be safe and well regulated. During the awful time of the pandemic, I had many reasons to be reminded of the value of a financial sector in Ireland that is safe and well capitalised.

The point the Deputy makes regarding how we can support smaller builders is the reason HBFI was put in place. It has been there for a few years and we do need to look at its work and if it needs to be supported further to deal with the issues he raises. He is correct that while every individual set of homes, of themselves, might not be huge, they still matter to the families and homeowners that go into them and, cumulatively, they can make a difference. I thank him for raising the issue.

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