Results 8,581-8,600 of 15,312 for speaker:Eoin Ó Broin

Select Committee on Housing, Planning and Local Government: Estimates for Public Services 2022
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised) (10 Feb 2022)

Eoin Ó Broin: I thank the Minister and the Minister of State for their information. I compliment the officials on this report. It is probably the best Estimates report that we have got in my time on the committee. We have been given a table on page 8 that sets out expenditure line by line. The report then goes on to explain it all in detail. That is helpful from the committee's point of view. I am...

Select Committee on Housing, Planning and Local Government: Estimates for Public Services 2022
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised) (10 Feb 2022)

Eoin Ó Broin: I will come to that later.

Select Committee on Housing, Planning and Local Government: Estimates for Public Services 2022
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised) (10 Feb 2022)

Eoin Ó Broin: To be clear, the new figure is 375. The 1,000 to be delivered by the Land Development Agency will be turnkey in the sense that they are not part of the Land Development Agency's current pipeline. The LDA has told us that its current pipeline will not produce any new units until 2023 or 2024. Given that it was very difficult to deliver 390 turnkey cost rental properties last year and the...

Select Committee on Housing, Planning and Local Government: Estimates for Public Services 2022
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised) (10 Feb 2022)

Eoin Ó Broin: On that, the challenge last year in terms of the cost rental equity loan scheme was that many of the homes provided only commenced construction last year. That is understandable. For the LDA to deliver 1,000 cost rental homes this year for purchase and tenancy in real terms those homes would already have to be at an advanced stage of construction. That is a fair point.

Select Committee on Housing, Planning and Local Government: Estimates for Public Services 2022
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised) (10 Feb 2022)

Eoin Ó Broin: I am not being adversarial but as I have only a few minutes I would just like some factual information.

Select Committee on Housing, Planning and Local Government: Estimates for Public Services 2022
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised) (10 Feb 2022)

Eoin Ó Broin: Is it expected to be doubled?

Select Committee on Housing, Planning and Local Government: Estimates for Public Services 2022
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised) (10 Feb 2022)

Eoin Ó Broin: What is the DAC?

Select Committee on Housing, Planning and Local Government: Estimates for Public Services 2022
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised) (10 Feb 2022)

Eoin Ó Broin: Sure, but I am dealing with this year's Estimates. On the shared equity loan for which €44 million is allocated in the Estimates, is it correct to say that the Minister's hope is that with the banks' participation that will double to €88 million? Will the Minister also confirm if the regional caps are as they were previously announced in the media or if he is reviewing...

Select Committee on Housing, Planning and Local Government: Estimates for Public Services 2022
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised) (10 Feb 2022)

Eoin Ó Broin: Will the Minister respond to my question on the regional caps?

Select Committee on Housing, Planning and Local Government: Estimates for Public Services 2022
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised) (10 Feb 2022)

Eoin Ó Broin: I thank the Minister.

Select Committee on Housing, Planning and Local Government: Estimates for Public Services 2022
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised) (10 Feb 2022)

Eoin Ó Broin: Does the Minister expect those staff to be secondees from the banking sector or new employees of the new company?

Select Committee on Housing, Planning and Local Government: Estimates for Public Services 2022
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised) (10 Feb 2022)

Eoin Ó Broin: I genuinely appreciate the answers. With respect to Croí Cónaithe, can the Minister provide some detail about how he expects the €50 million to be spent? Also, has the Department decided whether Croí Cónaithe will take the form of a grant to the developer or subsidy to the buyer? Will it be shared equity or will there be a clawback?

Select Committee on Housing, Planning and Local Government: Estimates for Public Services 2022
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised) (10 Feb 2022)

Eoin Ó Broin: I appreciate that. In the first instance, Croí Cónaithe in the cities.

Select Committee on Housing, Planning and Local Government: Estimates for Public Services 2022
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised) (10 Feb 2022)

Eoin Ó Broin: What is the €50 million allocation for this year expected to be spent on?

Select Committee on Housing, Planning and Local Government: Estimates for Public Services 2022
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised) (10 Feb 2022)

Eoin Ó Broin: It is a grant to assist the purchase of a property to renovate.

Select Committee on Housing, Planning and Local Government: Estimates for Public Services 2022
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised) (10 Feb 2022)

Eoin Ó Broin: That means Croí Cónaithe cities is next year rather than this year.

Select Committee on Housing, Planning and Local Government: Estimates for Public Services 2022
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised) (10 Feb 2022)

Eoin Ó Broin: But there is no budget provided for it in the Estimate.

Select Committee on Housing, Planning and Local Government: Estimates for Public Services 2022
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised) (10 Feb 2022)

Eoin Ó Broin: I thank the Minister.