Results 7,061-7,080 of 15,060 for speaker:Eoin Ó Broin

Joint Oireachtas Committee on Housing, Planning and Local Government: Social and Affordable Housing: Discussion (22 Mar 2022)

Eoin Ó Broin: Is that for all of the CRELs approved to date?

Joint Oireachtas Committee on Housing, Planning and Local Government: Social and Affordable Housing: Discussion (22 Mar 2022)

Eoin Ó Broin: Is that within the 30 years of the average mortgage or after that period? What will be the requirement?

Joint Oireachtas Committee on Housing, Planning and Local Government: Social and Affordable Housing: Discussion (22 Mar 2022)

Eoin Ó Broin: So it does not make any operational difference to the HFA if an AHB came with half CREL and half CALF. It could still loan to that project as a single project if the P&A and the rent setting on the cost rental were correct.

Joint Oireachtas Committee on Housing, Planning and Local Government: Social and Affordable Housing: Discussion (22 Mar 2022)

Eoin Ó Broin: Can the agency do it simultaneously on one project?

Joint Oireachtas Committee on Housing, Planning and Local Government: Social and Affordable Housing: Discussion (22 Mar 2022)

Eoin Ó Broin: Our guests will be visiting their families this weekend; no question.

Joint Oireachtas Committee on Housing, Planning and Local Government: Social and Affordable Housing: Discussion (22 Mar 2022)

Eoin Ó Broin: I return to the issue of the length of the loan. I fully understand the entry level rent is a policy matter for Government. It is not a matter for the lender. My question is similar to Deputy Cian O'Callaghan's but presented in a different way. If Government made a policy decision to reduce those entry-level rents to cover people who we want to be able to afford cost-rental but who...

Joint Oireachtas Committee on Housing, Planning and Local Government: Social and Affordable Housing: Discussion (22 Mar 2022)

Eoin Ó Broin: It might be €200 or €250 a month. I look forward to the letter. What about St. Michael's Estate?

Joint Oireachtas Committee on Housing, Planning and Local Government: Social and Affordable Housing: Discussion (22 Mar 2022)

Eoin Ó Broin: However, the HFA got away with it in Enniskerry Road and so it might be able to get away with it a few times.

Joint Oireachtas Committee on Housing, Planning and Local Government: Social and Affordable Housing: Discussion (22 Mar 2022)

Eoin Ó Broin: I agree with that.

Joint Oireachtas Committee on Housing, Planning and Local Government: Social and Affordable Housing: Discussion (22 Mar 2022)

Eoin Ó Broin: I thank Mr. O'Leary. I have two questions for Mr. Jordan on that. Obviously, there have been problems in some parts of the country with the capital advance leasing facility, CALF, and the payment and availability agreement, particularly because it was erroneously, in my view, originally linked to market rent rather than full cost recovery. Would it not make more sense in the review of...

Joint Oireachtas Committee on Housing, Planning and Local Government: Social and Affordable Housing: Discussion (22 Mar 2022)

Eoin Ó Broin: Does that mean that other than a new build project, it is unlikely that turnkeys will be delivered through CREL in the city in the next few years unless the CREL portion is amended by Government in terms of size of that subvention?

Joint Oireachtas Committee on Housing, Planning and Local Government: Social and Affordable Housing: Discussion (22 Mar 2022)

Eoin Ó Broin: What about the payment and availability agreement?

Joint Oireachtas Committee on Housing, Planning and Local Government: Social and Affordable Housing: Discussion (22 Mar 2022)

Eoin Ó Broin: The encouragement of local authorities to enter cost rental is currently not policy. They are focusing on the approved housing bodies and the LDA.

Joint Oireachtas Committee on Housing, Planning and Local Government: Social and Affordable Housing: Discussion (22 Mar 2022)

Eoin Ó Broin: No, I am not-----

Joint Oireachtas Committee on Housing, Planning and Local Government: Social and Affordable Housing: Discussion (22 Mar 2022)

Eoin Ó Broin: Before I go to my questions, it would be nice if HBFI would just lend to the people it was originally intended to lend to, which is small- and medium-sized builders. I will not ask the witnesses to comment on such a policy matter. I want to make a general comment about rent setting and then I have a number of questions which we might go through one by one since we have all the time in the...

Joint Oireachtas Committee on Housing, Planning and Local Government: Social and Affordable Housing: Discussion (22 Mar 2022)

Eoin Ó Broin: Yes.

Joint Oireachtas Committee on Housing, Planning and Local Government: Social and Affordable Housing: Discussion (22 Mar 2022)

Eoin Ó Broin: The straight answer to the Acting Chair's question as I understand it is that circular has not been updated. There is still that three-month requirement with a bit of discretion. I just want to put it on the record.

Joint Oireachtas Committee on Housing, Planning and Local Government: Social and Affordable Housing: Discussion (22 Mar 2022)

Eoin Ó Broin: To be clear, the circular does say three months. Either way, I am on the same page as the Acting Chair on that point. I have a couple of quick-fire round questions, while we have Mr. Jordan here. I have two queries about the fresh start from insolvency. The first is about people who have exited personal insolvency agreements. For them, does the five-year period or the six-year period...

Joint Oireachtas Committee on Housing, Planning and Local Government: Social and Affordable Housing: Discussion (22 Mar 2022)

Eoin Ó Broin: I ask this because there is still some confusion in the local authorities. The statutory instrument that was issued does not make it clear whether it is a six- or seven-year period. I know that this is Department’s area, rather than the Housing Agency’s area. The more clarity we give to our local authorities that are dealing with the applications in the first instance, the...

Joint Oireachtas Committee on Housing, Planning and Local Government: Social and Affordable Housing: Discussion (22 Mar 2022)

Eoin Ó Broin: It would be helpful, and this could be done by either the Housing Agency or the Department, to have the earliest possible clarification of the year the person can potentially become eligible for the fresh start principle on exit from the agreement.