Written answers
Wednesday, 8 November 2023
Department of Housing, Planning, and Local Government
Capital Expenditure Programme
Eoin Ó Broin (Dublin Mid West, Sinn Fein)
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52. To ask the Minister for Housing, Planning, and Local Government the final capital allocations in 2023 for local authority social housing, capital assistance scheme and capital loan facility; and to set these final capital allocations for 2023 against the capital allocations for each of the three heads for 2024, in tabular form. [48903/23]
Darragh O'Brien (Dublin Fingal, Fianna Fail)
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The data requested is set out in the following table.
Subhead | 2023 Allocations | 2024 Allocations | |||||
---|---|---|---|---|---|---|---|
2023 REV €000 | 2023 Capital Carryover €000 | 2023 LPT €000 | Total 2023 Allocation €000 | 2024 AEV €000 | 2024 LPT €000 | Total 2024 Allocation €000 | |
A.3 Local Authority Housing | 1,184,101 | 240,000 | 78,549 | 1,502,650 | 1,331,100 | 78,000 | 1,409,100 |
A.7 Capital Assistance Scheme | 137,000 | 137,000 | 140,000 | 140,000 | |||
A.11 Capital Advance Leasing Facility | 309,599 | 309,599 | 315,000 | 315,000 |
In respect of the 2024 allocations, the Revised Estimates Volume for the Public Service (REV) will be published in mid-December and will set out the final detail on the 2024 subhead allocations for the Housing programmes, taking into account both the programme level allocations announced in Budget 2024 and any additions that may arise. Accordingly, the 2024 allocations presented above may vary.
Budget 2024 provides for continued record investment in Housing with €4.1bn in Exchequer funding for the delivery of housing programmes, comprising Capital funding of €2.6bn and Current funding of €1.5bn. The Capital provision of €2.6bn will be supplemented by Land Development Agency (LDA) investment and Housing Finance Agency (HFA) lending, resulting in an overall capital provision of over €5bn in 2024.
Furthermore, additional National Development Plan Capital funding for 2024 will be reviewed in the coming months.
Detailed information in respect of the Housing elements of Budget 2024 are set out in the 2024 Expenditure Measures Report, which is available at the following link: gov.ie - Budget 2024: Expenditure Reports (www.gov.ie)
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