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

Brian Stanley: What efforts are being made to let small builders, be they in Wexford, Kildare, Monaghan, Laois, Offaly or elsewhere, know that HBFI exists to help them and that there is money available? I am not sure about the communication. While I am sure HBFI has made some efforts, has the communication been adequate in order to reach the small builders? They complain about not being able to get...

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

Brian Stanley: I impress on Ms Deering that she should use every instrument she has to try to ensure not only that bonds are secure but also that they are sufficient. Silverwood estate in Mountmellick has a remaining bond of €15,000. That would not even open the ground to do what needs to be done. Where does the money come from? I could rattle off examples, including Rushall in Mountrath....

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

Brian Stanley: Deputy-----

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

Brian Stanley: Please allow Ms Deering an opportunity to respond.

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

Brian Stanley: We must be fair.

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

Brian Stanley: On locations, the HBFI helpfully provided a map to the committee detailing data up to the end of 2020. In County Laois, for example, two developments were funded so how many homes were built?

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

Brian Stanley: What about Offaly?

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

Brian Stanley: I am mindful of the fact that to the south are Tipperary and Limerick. I found it odd that Limerick, with Limerick City-----

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

Brian Stanley: Ms Deering will be aware of the new spatial strategy about growing the regional cities, providing a counterbalance to Dublin and so on. Mr. John Moran has been pushing that. It is a good idea but the finance from HBFI does not seem to be registering. There has been nothing in Limerick yet, in either city or county. Are there are signs that may be changing?

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

Brian Stanley: Okay.

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

Brian Stanley: The population of Portlaoise is now bigger than that of Kilkenny city, by the way. Sligo was the other one I found odd.

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

Brian Stanley: Again, I recall it being one of the places earmarked for city status in the context of regional development in the north east.

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

Brian Stanley: How many possibilities has HBFI coming on stream in Limerick?

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

Brian Stanley: Okay.

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

Brian Stanley: I assume the one in Galway that has been approved is in the city.

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

Brian Stanley: Are there any other further developments there?

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

Brian Stanley: Okay, so there are more in development.

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

Brian Stanley: Okay. I thank Ms Deering. I think all the questions have been taken so we will conclude. I thank Ms Deering, Mr. Alger, Ms Donovan and the HBFI staff for the work involved in preparing for this meeting. There was very good information in that advance briefing. I thank the Comptroller and Auditor General and his staff for attending and assisting the committee. Is it agreed that the...

Public Accounts Committee: Business of Committee (3 Mar 2022)

Brian Stanley: The public business before us includes the minutes; accounts and financial statements; correspondence; the work programme; and any other business. The first item of business is the minutes of our meeting of 24 February, which have been circulated to members. Does any member wish to raise matters in respect of the minutes? No. Are the minutes agreed? Agreed. As usual, they will be...

Public Accounts Committee: Business of Committee (3 Mar 2022)

Brian Stanley: Does any member wish to come in on that?

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