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Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 10 - Funding and Oversight of Approved Housing Bodies
Vote 34 - Housing, Planning and Local Government
2017 Financial Statements - Housing Agency
(25 Oct 2018)

Seán Fleming: Did the Housing Agency know it was going to purchase these properties at some stage?

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 10 - Funding and Oversight of Approved Housing Bodies
Vote 34 - Housing, Planning and Local Government
2017 Financial Statements - Housing Agency
(25 Oct 2018)

Seán Fleming: Did it know a solicitor would be required to help complete the transaction?

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 10 - Funding and Oversight of Approved Housing Bodies
Vote 34 - Housing, Planning and Local Government
2017 Financial Statements - Housing Agency
(25 Oct 2018)

Seán Fleming: How was the agency caught?

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 10 - Funding and Oversight of Approved Housing Bodies
Vote 34 - Housing, Planning and Local Government
2017 Financial Statements - Housing Agency
(25 Oct 2018)

Seán Fleming: The tender process?

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 10 - Funding and Oversight of Approved Housing Bodies
Vote 34 - Housing, Planning and Local Government
2017 Financial Statements - Housing Agency
(25 Oct 2018)

Seán Fleming: There is also the issue of €270,000 for insurance. The agency was buying houses and transferring them. The Housing Agency must have known on the day the house was purchased that it would have to be insured. It sounds as if the agency was shocked it had to be insured between the time the house was bought and sold.

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 10 - Funding and Oversight of Approved Housing Bodies
Vote 34 - Housing, Planning and Local Government
2017 Financial Statements - Housing Agency
(25 Oct 2018)

Seán Fleming: Was the original intention to carry the houses uninsured?

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 10 - Funding and Oversight of Approved Housing Bodies
Vote 34 - Housing, Planning and Local Government
2017 Financial Statements - Housing Agency
(25 Oct 2018)

Seán Fleming: What caused this delay of a year? There were people looking to get into these houses. What caused this delay of conveyancing? Another reason we are here today is because people cannot understand why there is €70 million sitting in the bank and it takes a year to go through. The other side is also involved in the transaction but-----

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 10 - Funding and Oversight of Approved Housing Bodies
Vote 34 - Housing, Planning and Local Government
2017 Financial Statements - Housing Agency
(25 Oct 2018)

Seán Fleming: The note the committee needs from Mr. O'Connor is to give us information as to how many houses the agency acquired and the length of time it took for the approved housing body to have tenants move in. I know that after the agency got paid, it would take the AHBs a week, or two, or three to get their tenants in. They were required to take the people off the local authority list anyway and...

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 10 - Funding and Oversight of Approved Housing Bodies
Vote 34 - Housing, Planning and Local Government
2017 Financial Statements - Housing Agency
(25 Oct 2018)

Seán Fleming: Mr. O'Connor said a lot of remedial work may have to be done.

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 10 - Funding and Oversight of Approved Housing Bodies
Vote 34 - Housing, Planning and Local Government
2017 Financial Statements - Housing Agency
(25 Oct 2018)

Seán Fleming: Did it recruit some people for a recruitment process?

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 10 - Funding and Oversight of Approved Housing Bodies
Vote 34 - Housing, Planning and Local Government
2017 Financial Statements - Housing Agency
(25 Oct 2018)

Seán Fleming: How much cash did the Housing Agency have on hand in the middle of this housing crisis at the end of the year, based on its financial statement?

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 10 - Funding and Oversight of Approved Housing Bodies
Vote 34 - Housing, Planning and Local Government
2017 Financial Statements - Housing Agency
(25 Oct 2018)

Seán Fleming: Where is that figure taken from?

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 10 - Funding and Oversight of Approved Housing Bodies
Vote 34 - Housing, Planning and Local Government
2017 Financial Statements - Housing Agency
(25 Oct 2018)

Seán Fleming: I am looking at page 44, the statement of financial position as at 31 December. Does cash make up many of those housing acquisition deposits and stock of houses for sale?

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 10 - Funding and Oversight of Approved Housing Bodies
Vote 34 - Housing, Planning and Local Government
2017 Financial Statements - Housing Agency
(25 Oct 2018)

Seán Fleming: In that case, the Housing Agency had approximately €14 million in cash at the end of the year, and the big change was that the Housing Agency received the €70 million.

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 10 - Funding and Oversight of Approved Housing Bodies
Vote 34 - Housing, Planning and Local Government
2017 Financial Statements - Housing Agency
(25 Oct 2018)

Seán Fleming: At what stage of the year did that come? It was not the reason for the Supplementary Estimate.

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 10 - Funding and Oversight of Approved Housing Bodies
Vote 34 - Housing, Planning and Local Government
2017 Financial Statements - Housing Agency
(25 Oct 2018)

Seán Fleming: Okay. I think I have done enough. I wished to ask some more questions about the financial statements but we have had a long day. As witnesses will understand, we are trying to get information into the public arena in order that people will understand what is going on because there is some frustration with how long it has taken the €1.4 billion spent on housing last year to translate...

Finance Bill 2018: Second Stage (Resumed) (24 Oct 2018)

Seán Fleming: I welcome the opportunity to speak on the Finance Bill 2018. It is important that we have a good discussion on this significant legislation which runs to 149 pages. I will generally talk about the budget as that is what the Finance Bill is based on. However, there is a lot of small print in the Finance Bill which I hope will receive detailed scrutiny at Committee Stage. This is merely an...

Saincheisteanna Tráthúla - Topical Issue Debate: Schools Building Projects (24 Oct 2018)

Seán Fleming: I congratulate the Minister for Education and Skills, Deputy McHugh, on his new position. Owing to his family contacts, he is very familiar with the constituency of Laois-Offaly and perhaps Kolbe Special School, Portlaoise. I hope he will take a special interest in the school. The reason I am raising the issue of this school, in particular, is that it is extraordinary. There are very...

Saincheisteanna Tráthúla - Topical Issue Debate: Schools Building Projects (24 Oct 2018)

Seán Fleming: Do not say that, please.

Saincheisteanna Tráthúla - Topical Issue Debate: Schools Building Projects (24 Oct 2018)

Seán Fleming: I thank the Minister for his reply. I hope he is at the cusp of making some progress. He said he hopes to progress the project to architectural planning at an early stage. I have given a commitment to the parents and the teachers. I will be back to the Minister every month about this issue. I ask him to get the work started. Even when it is started, it will have to go through the...

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