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Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Land Development Agency Bill 2019: Department of Housing, Planning and Local Government and Land Development Agency (2 Oct 2019)

Pat Casey: I am not disagreeing with Mr. Coleman on the long-term objectives, which are very important. That is why it is important that we get this legislation right.

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Land Development Agency Bill 2019: Department of Housing, Planning and Local Government and Land Development Agency (2 Oct 2019)

Pat Casey: Does Mr. Coleman wish to comment?

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Land Development Agency Bill 2019: Department of Housing, Planning and Local Government and Land Development Agency (2 Oct 2019)

Pat Casey: I want to discuss how we progress from here because both rows are very important. As a number of delegates will come before the committee next week, this is going to go on for a while. When we issue a report, would it possible for the Department and the LDA to respond to it prior to publication of the Bill? I also ask that the delegates engage with the committee again prior to publishing...

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Land Development Agency Bill 2019: Department of Housing, Planning and Local Government and Land Development Agency (2 Oct 2019)

Pat Casey: We are trying to pass significant legislation. The more engagement we have prior to the Bill being published, the easier it will be for the committee to get through this process.

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Land Development Agency Bill 2019: Department of Housing, Planning and Local Government and Land Development Agency (2 Oct 2019)

Pat Casey: We will have another Christmas lights session. I thank all of the delegates for attending and engaging with the committee.

Written Answers — Department of Finance: Central Bank of Ireland (1 Oct 2019)

Pat Casey: 145. To ask the Minister for Finance the engagement he has had with the Central Bank on the increased levy being imposed on certain credit unions in view of the vital role of the credit union movement in providing financial services to communities and the voluntary nature of its commitment to providing that service; and if he will make a statement on the matter. [39679/19]

Written Answers — Department of Housing, Planning, and Local Government: Water Services (1 Oct 2019)

Pat Casey: 644. To ask the Minister for Housing, Planning, and Local Government the status of the roll-out and take-up of the multi-annual rural water programme announced in February 2019 and for which the deadline for applications was 14 March 2019; the number of applicants successful and unsuccessful by local authority area for each measure under the programme; and if he will make a statement on the...

Joint Oireachtas Committee on Housing, Planning and Local Government: Reclassification and Future Outputs of Approved Housing Bodies: Discussion (Resumed) (26 Sep 2019)

Pat Casey: I thank the witnesses for their presentations. We had a presentation from the approved housing bodies just before we rose for the summer recess. There was a general frustration among everybody around the table that we have not been able to resolve this problem, and I think it is a disappointment to everybody that the approved housing bodies have now been put on balance sheet. We need to...

Joint Oireachtas Committee on Housing, Planning and Local Government: Reclassification and Future Outputs of Approved Housing Bodies: Discussion (Resumed) (26 Sep 2019)

Pat Casey: That is the current debt, but my point is that the potential-----

Joint Oireachtas Committee on Housing, Planning and Local Government: Reclassification and Future Outputs of Approved Housing Bodies: Discussion (Resumed) (26 Sep 2019)

Pat Casey: -----future delivery is restricted because of the fiscal space. We have to find something outside of that.

Joint Oireachtas Committee on Housing, Planning and Local Government: Reclassification and Future Outputs of Approved Housing Bodies: Discussion (Resumed) (26 Sep 2019)

Pat Casey: It is not enough. That is the problem.

Joint Oireachtas Committee on Housing, Planning and Local Government: Reclassification and Future Outputs of Approved Housing Bodies: Discussion (Resumed) (26 Sep 2019)

Pat Casey: Yes, it is a policy choice.

Joint Oireachtas Committee on Housing, Planning and Local Government: Reclassification and Future Outputs of Approved Housing Bodies: Discussion (Resumed) (26 Sep 2019)

Pat Casey: We keep coming back to the differential rent, allocations and design. I am getting the impression that Mr. Lemass feels that this is the larger element that needs to be thrashed out as opposed to the capital or funding element. The Department of Finance might have its opinion on that. Mr. Lemass spent a lot of time on CALF funding, which involves a 30:70 mix. If most AHBs used the 30:70...

Joint Oireachtas Committee on Housing, Planning and Local Government: Reclassification and Future Outputs of Approved Housing Bodies: Discussion (Resumed) (26 Sep 2019)

Pat Casey: I hope I am not facilitating a new coalition.

Joint Oireachtas Committee on Housing, Planning and Local Government: Reclassification and Future Outputs of Approved Housing Bodies: Discussion (Resumed) (26 Sep 2019)

Pat Casey: Perhaps Mr. McDonagh could expand a little on what he said. He is concerned with capital debt. It has nothing to do with-----

Joint Oireachtas Committee on Housing, Planning and Local Government: Reclassification and Future Outputs of Approved Housing Bodies: Discussion (Resumed) (26 Sep 2019)

Pat Casey: Money from the HFA is Government money in any event. Only the private sources of funding add to the fiscal space. According to one report I have read, those currently stand at only 1%. Am I reading that wrongly?

Joint Oireachtas Committee on Housing, Planning and Local Government: Reclassification and Future Outputs of Approved Housing Bodies: Discussion (Resumed) (26 Sep 2019)

Pat Casey: My point is that because the approved housing bodies have such low levels of private funding that increasing that private funding by a significant margin would have an impact on the fiscal space because the AHBs are on balance sheet. Am I correct in-----

Joint Oireachtas Committee on Housing, Planning and Local Government: Reclassification and Future Outputs of Approved Housing Bodies: Discussion (Resumed) (26 Sep 2019)

Pat Casey: This goes back to the point about the funding split of 30% and 70% under the capital advance leasing facility, CALF.

Joint Oireachtas Committee on Housing, Planning and Local Government: Reclassification and Future Outputs of Approved Housing Bodies: Discussion (Resumed) (26 Sep 2019)

Pat Casey: That is in Mr. Lemass's figures. My figures are completely different. I want much more money and I want to deliver much more housing.

Joint Oireachtas Committee on Housing, Planning and Local Government: Reclassification and Future Outputs of Approved Housing Bodies: Discussion (Resumed) (26 Sep 2019)

Pat Casey: I am just saying that an off-balance sheet model gives us the potential to deliver more. That is why I think it is vital that we get there. I am not arguing with what Mr. Lemass is saying. However, if we had an off-balance sheet model, we could invest a lot more and not affect the fiscal space. The fiscal space holds us back in what we can do. Mr. Lemass indicated that there are 68,000 on...

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