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Committee on Housing and Homelessness: Department of the Environment, Community and Local Government and the County and City Management Association (2 Jun 2016)

John Curran: Would the representatives from the other local authorities like to comment on the NAMA and other issues?

Committee on Housing and Homelessness: Department of the Environment, Community and Local Government and the County and City Management Association (2 Jun 2016)

John Curran: Mr. Coman has escaped the wrath of that Deputy.

Committee on Housing and Homelessness: Department of the Environment, Community and Local Government and the County and City Management Association (2 Jun 2016)

John Curran: I thank Mr. Coman.

Committee on Housing and Homelessness: Department of the Environment, Community and Local Government and the County and City Management Association (2 Jun 2016)

John Curran: I call Ms Geraghty to speak on behalf of Fingal County Council.

Committee on Housing and Homelessness: Department of the Environment, Community and Local Government and the County and City Management Association (2 Jun 2016)

John Curran: I thank Ms Geraghty. I was encouraged to hear her say that, in terms of acquisitions, the response on the part of the Department was quick. A number of Deputies are offering to put supplementary questions. I ask them to be direct.

Committee on Housing and Homelessness: Department of the Environment, Community and Local Government and the County and City Management Association (2 Jun 2016)

John Curran: Is there a mobile phone on somewhere?

Committee on Housing and Homelessness: Department of the Environment, Community and Local Government and the County and City Management Association (2 Jun 2016)

John Curran: Ms Nic Aongusa in her opening contribution referred to the fast-track scheme for developments of up to 15 housing units and a budget of less than €2 million. How frequently is that used? It has been indicated by the Minister that there is capacity to increase the size of the scheme. Have local authorities concerns about entering the scheme whereby if there are unforeseen...

Committee on Housing and Homelessness: Department of the Environment, Community and Local Government and the County and City Management Association (2 Jun 2016)

John Curran: I thank Mr. Brady. There were a series of supplementary questions. I will start with the Department and finish with the local authorities.

Committee on Housing and Homelessness: Department of the Environment, Community and Local Government and the County and City Management Association (2 Jun 2016)

John Curran: The concern is that local authorities on signing up to the scheme are taking the burden of the risk.

Committee on Housing and Homelessness: Department of the Environment, Community and Local Government and the County and City Management Association (2 Jun 2016)

John Curran: Thank you. That concludes our meeting. I thank the officials from the Department and I know some of them had a very long day because they were here this morning. I also thank the members of the County and City Management Association for their attendance, presentations and, to be fair, their direct and honest answers with the committee. They have been very helpful and informative. To my...

Committee on Housing and Homelessness: Business of Committee (31 May 2016)

John Curran: Good morning. We have a quorum and are now in public session. I remind colleagues again that mobile phones must be put in flight mode or switched off completely, as should any other device that might interfere with the broadcast of proceedings. In accordance with standard procedures agreed by the Committee on Procedure and Privileges for paperless committees, all documentation for the...

Committee on Housing and Homelessness: National Treasury Management Agency and Department of Finance (31 May 2016)

John Curran: I draw the witnesses' attention to the fact that by virtue of section 17(2)(l) of the Defamation Act 2009, witnesses are protected by absolute privilege in respect of the evidence they are to give to this committee. However, if they are directed by the committee to cease giving evidence on a particular matter and they continue to so do, they are entitled thereafter only to qualified...

Committee on Housing and Homelessness: National Treasury Management Agency and Department of Finance (31 May 2016)

John Curran: I thank Mr. O'Kelly. I know there will be a number of questions, in particular regarding the off-balance-sheet aspect of funding. Before we take questions, I invite Mr. Dorgan to speak.

Committee on Housing and Homelessness: National Treasury Management Agency and Department of Finance (31 May 2016)

John Curran: I thank Mr. Dorgan. Before I open the meeting to questions, perhaps Mr. O'Kelly would clarify two or three technical points specifically in relation to issues he mentioned. He mentioned the possibility of funding student accommodation in, say, DCU. What progress has been made on that issue and is that deemed to be an off-balance sheet investment? Second, he referred to an infrastructure...

Committee on Housing and Homelessness: National Treasury Management Agency and Department of Finance (31 May 2016)

John Curran: What is the potential outturn for Activate Capital?

Committee on Housing and Homelessness: National Treasury Management Agency and Department of Finance (31 May 2016)

John Curran: We hope the fund will be successful this year and next year in particular because we need a catalyst in the market.

Committee on Housing and Homelessness: National Treasury Management Agency and Department of Finance (31 May 2016)

John Curran: I will take the answers as we go along. Deputy Durkan's question on procurement might be better directed to the relevant Minister and his departmental officials, although it can also be directed to those who are here today. Representatives from the Department in question will be before the committee later in the week.

Committee on Housing and Homelessness: National Treasury Management Agency and Department of Finance (31 May 2016)

John Curran: I support the point the Deputy made about the Housing Finance Agency, HFA, which stated in its recent report that, based on current rates, it expects that it will be able to offer rates at less than 1.75%, fixed for 25 years, to local authorities for development finance. I believe that is the figure the Deputy sought.

Committee on Housing and Homelessness: National Treasury Management Agency and Department of Finance (31 May 2016)

John Curran: When the Deputy is directing-----

Committee on Housing and Homelessness: National Treasury Management Agency and Department of Finance (31 May 2016)

John Curran: The Deputy should put questions to both sets of witnesses and they will answer those which are relevant to them..

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