Written answers
Wednesday, 26 September 2007
Department of Environment, Heritage and Local Government
Local Authority Housing
10:00 pm
Finian McGrath (Dublin North Central, Independent)
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Question 1122: To ask the Minister for the Environment, Heritage and Local Government if there is legislation planned to have the clawback provision rescinded for the affordable housing scheme. [20206/07]
Batt O'Keeffe (Cork North West, Fianna Fail)
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The requirement for a clawback is necessary to ensure that there is no short-term profit taking on the resale of houses provided under the various affordable housing schemes at a discount from market value. There are no plans to rescind the clawback arrangements under the existing schemes.
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