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Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020: Department of Housing, Local Government and Heritage (9 Feb 2021)

Steven Matthews: On the cost rental aspects, if I could come in on head 22, there is a term in it, "equity return". First, if I could say, the cost rental is very positive. It is something that we have been looking for for a long time. Particularly, the Viennese model is one that we had proposed. The tenure security that is contained in it and the link in the rental review are excellent. If we could see...

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020: Department of Housing, Local Government and Heritage (9 Feb 2021)

Steven Matthews: Yes.

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020: Department of Housing, Local Government and Heritage (9 Feb 2021)

Steven Matthews: What is built into this legislation to prevent a profit-driven motive in the provision of cost rental?

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020: Department of Housing, Local Government and Heritage (9 Feb 2021)

Steven Matthews: Once the overall cost of a cost rental dwelling has been covered, is that when the equity return starts? Does the rent become the equity return once the initial costs have been covered?

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020: Department of Housing, Local Government and Heritage (9 Feb 2021)

Steven Matthews: I have one last question on cost rental. If people go through their lives with regular employment or income, whatever that may be, and then they reach retirement age and their level of income drops, can the cost rental model be adjusted based on that income differential?

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020: Department of Housing, Local Government and Heritage (9 Feb 2021)

Steven Matthews: I thank Mr. Nicholson. I call Deputy Cian O'Callaghan.

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020: Department of Housing, Local Government and Heritage (9 Feb 2021)

Steven Matthews: Thank you, Mr. Quinlan. I must end that section there. I let it run on because the concern Deputy O'Callaghan raised on that is an important point. Senator Moynihan is next.

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020: Department of Housing, Local Government and Heritage (9 Feb 2021)

Steven Matthews: Okay, I will move on to the next person who is present. I am sorry, Senator Moynihan, but I must stick by the rules and the speaking slots.

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020: Department of Housing, Local Government and Heritage (9 Feb 2021)

Steven Matthews: The next slot is a Fine Gael slot after that of the Labour Party. I can move on to Sinn Féin if you wish.

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020: Department of Housing, Local Government and Heritage (9 Feb 2021)

Steven Matthews: I am sorry. I did not notice that message from Deputy Gould. I call Deputy Gould, and thank Deputy Higgins for pointing that out.

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020: Department of Housing, Local Government and Heritage (9 Feb 2021)

Steven Matthews: We have reached the end of this time slot.

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020: Department of Housing, Local Government and Heritage (9 Feb 2021)

Steven Matthews: I thank Mr. Nicholson. I have no doubt there will be more questions on that issue. There will be time for such questions.

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020: Department of Housing, Local Government and Heritage (9 Feb 2021)

Steven Matthews: I thank the Deputy for sticking within the timeframe.

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020: Department of Housing, Local Government and Heritage (9 Feb 2021)

Steven Matthews: I thank Mr. Nicholson. I call Senator Fitzpatrick, followed by Senator Cummins. We will then be moving to the third round of questions. I invite members to indicate to me now if they want to questions in the third round.

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020: Department of Housing, Local Government and Heritage (9 Feb 2021)

Steven Matthews: I thank Mr. Quinlan. I think we have covered everybody due to speak in that round. I will follow up briefly on the point made by Senator Cummins on the public-private mix in trying to achieve the target of building the 33,000 units we need each year, initially anyway. Where the State invests significantly in the provision of infrastructure, and especially in public transport, it also...

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020: Department of Housing, Local Government and Heritage (9 Feb 2021)

Steven Matthews: I apologise to Mr. Nicholson but we are almost out of time and I need to bring in Deputy O'Donoghue and possibly Deputy Cian O'Callaghan, if there is time.

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020: Department of Housing, Local Government and Heritage (9 Feb 2021)

Steven Matthews: I call Deputy Cian O'Callaghan. It would be great if he could keep to two minutes.

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020: Department of Housing, Local Government and Heritage (9 Feb 2021)

Steven Matthews: Deputy McAuliffe is indicating.

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020: Department of Housing, Local Government and Heritage (9 Feb 2021)

Steven Matthews: That more or less brings us to a close as we are out of time. I thank the officials for their time this morning and for assisting us with this scrutiny of what is really important legislation. We are going to have several other pre-legislative scrutiny sessions on this, where we will be meeting the likes of the National Economic and Social Council, NESC and the Economic and Social Research...

Joint Oireachtas Committee on Transport, Tourism and Sport: National Development Plan: Discussion (9 Feb 2021)

Steven Matthews: I thank Mr. Kent for appearing before the committee. I reiterate the remarks of my colleagues in terms of the thanks we wish to pass on to the staff of Bus Éireann for keeping services going, especially for those who depend on public transport and do not have access to a car to get them through these difficult times. It is much appreciated and acknowledged. I wish to elaborate on...

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