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Select Committee on Housing, Planning and Local Government: Estimates for Public Services 2022
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised)
(10 Feb 2022)

Eoin Ó Broin: I will come to that later.

Select Committee on Housing, Planning and Local Government: Estimates for Public Services 2022
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised)
(10 Feb 2022)

Eoin Ó Broin: To be clear, the new figure is 375. The 1,000 to be delivered by the Land Development Agency will be turnkey in the sense that they are not part of the Land Development Agency's current pipeline. The LDA has told us that its current pipeline will not produce any new units until 2023 or 2024. Given that it was very difficult to deliver 390 turnkey cost rental properties last year and the...

Select Committee on Housing, Planning and Local Government: Estimates for Public Services 2022
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised)
(10 Feb 2022)

Eoin Ó Broin: On that, the challenge last year in terms of the cost rental equity loan scheme was that many of the homes provided only commenced construction last year. That is understandable. For the LDA to deliver 1,000 cost rental homes this year for purchase and tenancy in real terms those homes would already have to be at an advanced stage of construction. That is a fair point.

Select Committee on Housing, Planning and Local Government: Estimates for Public Services 2022
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised)
(10 Feb 2022)

Eoin Ó Broin: I am not being adversarial but as I have only a few minutes I would just like some factual information.

Select Committee on Housing, Planning and Local Government: Estimates for Public Services 2022
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised)
(10 Feb 2022)

Eoin Ó Broin: Is it expected to be doubled?

Select Committee on Housing, Planning and Local Government: Estimates for Public Services 2022
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised)
(10 Feb 2022)

Eoin Ó Broin: What is the DAC?

Select Committee on Housing, Planning and Local Government: Estimates for Public Services 2022
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised)
(10 Feb 2022)

Eoin Ó Broin: Sure, but I am dealing with this year's Estimates. On the shared equity loan for which €44 million is allocated in the Estimates, is it correct to say that the Minister's hope is that with the banks' participation that will double to €88 million? Will the Minister also confirm if the regional caps are as they were previously announced in the media or if he is reviewing...

Select Committee on Housing, Planning and Local Government: Estimates for Public Services 2022
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised)
(10 Feb 2022)

Eoin Ó Broin: Will the Minister respond to my question on the regional caps?

Select Committee on Housing, Planning and Local Government: Estimates for Public Services 2022
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised)
(10 Feb 2022)

Eoin Ó Broin: I thank the Minister.

Select Committee on Housing, Planning and Local Government: Estimates for Public Services 2022
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised)
(10 Feb 2022)

Eoin Ó Broin: Does the Minister expect those staff to be secondees from the banking sector or new employees of the new company?

Select Committee on Housing, Planning and Local Government: Estimates for Public Services 2022
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised)
(10 Feb 2022)

Eoin Ó Broin: I genuinely appreciate the answers. With respect to Croí Cónaithe, can the Minister provide some detail about how he expects the €50 million to be spent? Also, has the Department decided whether Croí Cónaithe will take the form of a grant to the developer or subsidy to the buyer? Will it be shared equity or will there be a clawback?

Select Committee on Housing, Planning and Local Government: Estimates for Public Services 2022
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised)
(10 Feb 2022)

Eoin Ó Broin: I appreciate that. In the first instance, Croí Cónaithe in the cities.

Select Committee on Housing, Planning and Local Government: Estimates for Public Services 2022
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised)
(10 Feb 2022)

Eoin Ó Broin: What is the €50 million allocation for this year expected to be spent on?

Select Committee on Housing, Planning and Local Government: Estimates for Public Services 2022
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised)
(10 Feb 2022)

Eoin Ó Broin: It is a grant to assist the purchase of a property to renovate.

Select Committee on Housing, Planning and Local Government: Estimates for Public Services 2022
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised)
(10 Feb 2022)

Eoin Ó Broin: That means Croí Cónaithe cities is next year rather than this year.

Select Committee on Housing, Planning and Local Government: Estimates for Public Services 2022
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised)
(10 Feb 2022)

Eoin Ó Broin: But there is no budget provided for it in the Estimate.

Select Committee on Housing, Planning and Local Government: Estimates for Public Services 2022
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised)
(10 Feb 2022)

Eoin Ó Broin: I thank the Minister.

Select Committee on Housing, Planning and Local Government: Estimates for Public Services 2022
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised)
(10 Feb 2022)

Eoin Ó Broin: I will take a second round, if available.

Select Committee on Housing, Planning and Local Government: Estimates for Public Services 2022
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised)
(10 Feb 2022)

Eoin Ó Broin: I am looking for as much factual information as possible. There was an underspend on the social housing budget this year. Is the Minister in a position to give us the final new-build social housing delivery number for last year and a breakdown of the number of direct deliveries and turnkey housing by local authorities and approved bodies? Does the Minister have a sense, from looking at the...

Select Committee on Housing, Planning and Local Government: Estimates for Public Services 2022
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised)
(10 Feb 2022)

Eoin Ó Broin: It would be useful, when those figures are published, if the annual breakdown of turnkey housing versus direct delivery was included in the quarterly report. I ask the Minister to consider that.

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