Written answers
Thursday, 22 March 2018
Department of Finance
Approved Housing Bodies
Jan O'Sullivan (Limerick City, Labour)
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61. To ask the Minister for Finance if he will report on the statement undertaken by his Department regarding the financing and output of new housing by a company (details supplied); the conclusions his Department has drawn from the study; and if he will make a statement on the matter. [13520/18]
Paschal Donohoe (Dublin Central, Fine Gael)
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On 29 November 2017 I met with representatives of Cairn Homes to discuss the Irish housing market and to get their perspective on issues affecting the market as residential builders of significant scale. Officials from my Department prepared briefing material in advance of that meeting. The purpose of the briefing was to provide meeting attendees - including myself - with an update on the current activity of Cairn Homes.
The information contained in the briefing regarding Cairn Home’s housing output and financing was based on publically available information. No further study or analysis of the activity of Cairn Homes has been made by my Department.
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