Seanad debates

Monday, 12 July 2021

Affordable Housing Bill 2021: [Seanad Bill amended by the Dáil] Report and Final Stages

 

9:30 am

Photo of John CumminsJohn Cummins (Fine Gael) | Oireachtas source

I might touch briefly on the regulations that will be published in the coming weeks. I have received many queries about the cost-rental units that the Minister launched last week in Fingal and the €53,000 figure, which I understand is the net figure as opposed to gross. It is important that this be clarified and he might do so. In the context of ramping up the cost-rental equity loan that was launched to deliver those aid schemes this year, it is important that we also examine other schemes that were not successful, apart from the other eight. I have spoken about this previously. There are two in my county, Waterford, that are on the ground, building and delivering units as we speak. They are able to come in under the cost-rental system and provide homes this year, and the developers certainly want to play their part with the AHBs in doing that. Anything that can be done to speed up that process for a second tranche of applicants who were not successful in the first tranche, to get them out and to deliver more homes this calendar year, will be welcome.

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