Written answers

Tuesday, 5 April 2022

Department of An Taoiseach

Expenditure Reviews

Photo of Eoin Ó BroinEoin Ó Broin (Dublin Mid West, Sinn Fein)
Link to this: Individually | In context | Oireachtas source

142. To ask the Taoiseach the estimated impact of voted expenditure for Vote 34, subhead A32 Affordable Housing Fund which amounts to €60,000,000 for 2022 in respect of the General Government Balance. [18144/22]

Photo of Jack ChambersJack Chambers (Dublin West, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

In the first instance it should be noted that, to the extent that the Exchequer contribution has to be financed, there will be an impact on the level of general government debt.

The Deputy should note that the Central Statistics Office (CSO) has not formally reviewed the planned Affordable Housing Fund. This work will commence once the Department of Housing, Local Government and Heritage provide the necessary information regarding the scheme and any associated legislation, if applicable, to the CSO. Accordingly, the response below should be considered in an ex-antecontext and is based on publicly available information.

Any impact on the general government balance of the €60 million allocation to the Affordable Housing Fund will occur at the time the State, through the Affordable Housing Fund and/or the Local Authorities, engages with the private sector. Such transactions will be counted as general government expenditure and thus decrease the general government balance.

Comments

No comments

Log in or join to post a public comment.