Peter Burke (Longford-Westmeath, Fine Gael) | Oireachtas source

I thank the Senators for their comments. It is not proposed to accept this amendment. It is not clear that the provisions in the amendment, as structured, including using the phrase "paramount concern" in respect of housing authorities, would have a definite legal effect. The supply of affordable housing by a local authority is influenced by a range of considerations, including identified need, as detailed in the housing needs demands assessment process, and the cost and type of provision and funding mechanisms available. However, I can confirm that it is intended that homes with purchase prices ranging from €160,000 to €310,000 will be made available under this scheme. These will be affordable for a range of households on low to moderate incomes, and particularly for those availing of the Rebuilding Ireland home loan, which will be available for people on lower incomes.