Written answers
Tuesday, 17 May 2011
Department of Environment, Community and Local Government
Social and Affordable Housing
6:00 pm
Catherine Murphy (Kildare North, Independent)
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Question 353: To ask the Minister for the Environment, Community and Local Government if he will change or modify the claw back arrangements for those who purchased an affordable home; and if he will make a statement on the matter. [11704/11]
Willie Penrose (Longford-Westmeath, Labour)
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Importantly, where the clawback amount payable on the resale of affordable housing would reduce the proceeds of re-sale below the initial price paid, legislation provides for the amount of clawback payable to be reduced to the extent necessary to avoid that result. I do not therefore intend to introduce changes to the clawback provision.
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