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Select Committee on Tourism, Culture, Arts, Sport And Media: Estimates for Public Services 2022
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media (Revised)
(9 Mar 2022)

Imelda Munster: Did that come up in any of the SLAs or any of the reviews carried out?

Select Committee on Tourism, Culture, Arts, Sport And Media: Estimates for Public Services 2022
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media (Revised)
(9 Mar 2022)

Imelda Munster: Does the Minister have a breakdown of the funding it receives with her?

Select Committee on Tourism, Culture, Arts, Sport And Media: Estimates for Public Services 2022
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media (Revised)
(9 Mar 2022)

Imelda Munster: How much is it for this year?

Select Committee on Tourism, Culture, Arts, Sport And Media: Estimates for Public Services 2022
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media (Revised)
(9 Mar 2022)

Imelda Munster: Does the Minister have anything for previous years?

Select Committee on Tourism, Culture, Arts, Sport And Media: Estimates for Public Services 2022
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media (Revised)
(9 Mar 2022)

Imelda Munster: Yes, please. It has clearly reduced if it was €9.8 million in 2021.

Select Committee on Tourism, Culture, Arts, Sport And Media: Estimates for Public Services 2022
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media (Revised)
(9 Mar 2022)

Imelda Munster: It depends on the licence fee sales. I would appreciate getting a copy of that breakdown.

An tOrd Gnó - Order of Business (8 Mar 2022)

Imelda Munster: On International Women's Day 2022, women who experience domestic violence and abuse are still being turned away from refuges. In fact, nine counties throughout the State do not have any domestic violence refuge at all. The Minister for Justice, Deputy McEntee, said there would be extra places by the end of the year, but women cannot wait that long. When will women be a priority for the...

Written Answers — Department of Education and Skills: School Enrolments (8 Mar 2022)

Imelda Munster: 350. To ask the Minister for Education and Skills the guidance that is given to secondary schools with regard to the charging of non-refundable enrolment and entrance exam fees to secure a student's place on acceptance of an application; and if she will make a statement on the matter. [12956/22]

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Home Building Finance Ireland - Financial Statements 2020
(3 Mar 2022)

Imelda Munster: Ms Deering touched on the strategic decision regarding setting up the momentum fund. I was not clear about that, and I may have missed some of it. Did the decision come from the Minister? Ms Deering did not quite clarify that point. Was the decision made solely by the HBFI or was it reached on foot of proposals received or lobbying?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Home Building Finance Ireland - Financial Statements 2020
(3 Mar 2022)

Imelda Munster: The HBFI proposed it itself. Does Ms Deering accept it is the complete opposite of what it was set up to do in regard to small- and medium-sized builders and developers?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Home Building Finance Ireland - Financial Statements 2020
(3 Mar 2022)

Imelda Munster: The initial remit of the HBFI was for small- and medium-sized builders and developers. I am not wrong in saying that, am I?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Home Building Finance Ireland - Financial Statements 2020
(3 Mar 2022)

Imelda Munster: I just want to clarify that. Did that funding of €300 million come out of the €730 million or was it separate, additional funding?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Home Building Finance Ireland - Financial Statements 2020
(3 Mar 2022)

Imelda Munster: Did it come out of the €730 million?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Home Building Finance Ireland - Financial Statements 2020
(3 Mar 2022)

Imelda Munster: It did.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Home Building Finance Ireland - Financial Statements 2020
(3 Mar 2022)

Imelda Munster: That is a sizeable chunk to allocate for the momentum fund. That would have substantially reduced the impact of the HBFI in lending to small- and medium-sized builders and developers.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Home Building Finance Ireland - Financial Statements 2020
(3 Mar 2022)

Imelda Munster: What percentage of the €300 million momentum fund was given to developers who were subject to a forward purchase agreement?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Home Building Finance Ireland - Financial Statements 2020
(3 Mar 2022)

Imelda Munster: Were they subject to forward purchase agreements?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Home Building Finance Ireland - Financial Statements 2020
(3 Mar 2022)

Imelda Munster: That funding was given despite the fact that the HBFI knew they would never come on the market and were not for the purpose originally envisaged when the organisation was set up . In other words, they were never going to come on the market and this would result in them being rented out at extortionate rates.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Home Building Finance Ireland - Financial Statements 2020
(3 Mar 2022)

Imelda Munster: The HBFI's initial remit was funding developments aimed at owner-occupiers. Was that not the primary initial remit?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Home Building Finance Ireland - Financial Statements 2020
(3 Mar 2022)

Imelda Munster: These big developers, who have already got forward purchase agreements with the investment or cuckoo funds, are capable of arranging funding themselves and capable of formulating a business plan and going to the banks to get that because, let us say, they are in a far more comfortable position than a small- or medium-sized developer. In giving that money over, it seems to me the equivalent...

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