Michael D'Arcy (Wexford, Fine Gael) | Oireachtas source

There is a lower limit of ten units. We hope that the guys who build ten units in small rural towns will have the opportunity to avail of this. If they go to a bank they can get up to 60% if the site is paid for but the remainder has to come from equity or mezzanine finance, which is particularly expensive and can be more than 15%. The Senator and I sat on the banking inquiry and the big criticism was that the banks took all the risk and that all commercial real estate development was on their balance sheets.