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Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020: Discussion (Resumed) (27 Apr 2021)

Eoin Ó Broin: Yes.

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020: Discussion (Resumed) (27 Apr 2021)

Eoin Ó Broin: We can have a shorter debate on it.

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020: Discussion (Resumed) (27 Apr 2021)

Eoin Ó Broin: I want to make two separate or distinct arguments with respect to this. Obviously it is related to No. 1 in the sense that I am arguing that the cost rental equity loan should not be available to private developers, and there are two key elements here to make that case. The way cost rental works is twofold. As members know, you look at the financing, development, management and maintenance...

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020: Discussion (Resumed) (27 Apr 2021)

Eoin Ó Broin: I do. We are making good time so I think I can have a minute or two, which is all I am looking for.

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020: Discussion (Resumed) (27 Apr 2021)

Eoin Ó Broin: I always do when it comes to Government housing policy. Let me make a couple of points-----

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020: Discussion (Resumed) (27 Apr 2021)

Eoin Ó Broin: It is entirely legitimate for any member of this committee to table amendments on matters of housing policy. We can disagree with those amendments, which is fine, but to suggest that we are tabling them for anything other than the reason that we believe they would improve the policy in the Bill is wrong. I respect all members of this committee. I might disagree profoundly with the policies...

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020: Discussion (Resumed) (27 Apr 2021)

Eoin Ó Broin: Either the members across want us to proceed quickly or they want to keep interrupting. They can do whichever they want. The reason why we do not have those units is not because of the absence of legislation but because of the absence of Government investment. Only a few years ago, we were told that there would be 6,400 affordable rentals and purchase units available by the end of this...

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020: Discussion (Resumed) (27 Apr 2021)

Eoin Ó Broin: This is my final sentence.

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020: Discussion (Resumed) (27 Apr 2021)

Eoin Ó Broin: The new Deputies and Senators might not understand the difference between a political charge and a challenge.

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020: Discussion (Resumed) (27 Apr 2021)

Eoin Ó Broin: I have the floor. The consequence of the kind of politics that the parties opposite have implemented in government and local authorities has been to make housing so unaffordable that even people on good incomes cannot afford to live in the city. The parties opposite are going to allow that to continue into the future.

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020: Discussion (Resumed) (27 Apr 2021)

Eoin Ó Broin: That does not speak-----

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020: Discussion (Resumed) (27 Apr 2021)

Eoin Ó Broin: I support Senator Moynihan on this. One thing that we discussed at the committee was significant ESRI housing research which was published in summer 2018. It asked a simple question, which is how many households not eligible for social housing support, including people who cannot get HAP, RAS or social housing, have high housing costs. It did extensive research, going right back to 2002....

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020: Discussion (Resumed) (27 Apr 2021)

Eoin Ó Broin: I move amendment No. 9: In light of the serious concerns expressed by the Department of Public Expenditure and Reform, the Economic and Social Research Institute and the Central Bank regarding the impact of the proposed Shared Equity Loan Scheme on house price inflation and in the absence of details on the scheme including whether private banks will be participants in the scheme, whether...

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020: Discussion (Resumed) (27 Apr 2021)

Eoin Ó Broin: I have a right to reply.

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020: Discussion (Resumed) (27 Apr 2021)

Eoin Ó Broin: A number of charges have been made against the party and I have a right to respond.

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020: Discussion (Resumed) (27 Apr 2021)

Eoin Ó Broin: We are already over time so another two minutes will not hurt us.

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020: Discussion (Resumed) (27 Apr 2021)

Eoin Ó Broin: I can. Deputy Higgins is wrong to suggest that under Sinn Féin's affordable housing plan, people will not own their own home. They will. The benefit of our plan is that home will remain permanently affordable but under the Government's plan, people will not own their own home because they will have a debt of €150,000, €175,000 or €200,000. Senator Fitzpatrick...

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020: Discussion (Resumed) (27 Apr 2021)

Eoin Ó Broin: It is. I am trying to be brief.

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020: Discussion (Resumed) (27 Apr 2021)

Eoin Ó Broin: Perhaps the members on the other side could just listen. There is €75 million for the shared equity scheme and that will be doubled with an extra €75 million from the banks. That is €150 million. The cost rental equity loan has funding of €35 million and only €50 million will be spent this year on the serviced sites fund. The Government will spend almost...

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020: Discussion (Resumed) (27 Apr 2021)

Eoin Ó Broin: They come here and show crocodile tears for the working people, who they have forced into the rental trap. These are the people that the Government has forced into unaffordable housing. It is the Government's housing policy failures.

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