Written answers
Thursday, 30 November 2006
Department of Environment, Heritage and Local Government
Social and Affordable Housing
6:00 pm
Catherine Murphy (Kildare North, Independent)
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Question 174: To ask the Minister for the Environment, Heritage and Local Government the limitations placed on housing authorities in relation to the claw back associated with affordable housing; if there are maximum amounts defined by his Department; if the decision can be made locally; the range generally; and if he will make a statement on the matter. [41058/06]
Noel Ahern (Dublin North West, Fianna Fail)
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The provision for a clawback is necessary to ensure that there is no short-term profit taking on the resale of houses provided initially by local authorities at a discount from market value. The method of calculating the clawback is set out in legislation and is uniformly applied by all local authorities irrespective of location. There are no defined maximum limits set by my Department. Information on the levels of clawback amounts is not available to my Department. I am satisfied that the provision works well in protecting the public interest in affordable houses.
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