Cian O'Callaghan (Dublin Bay North, Social Democrats)
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148. To ask the Minister for Housing, Planning, and Local Government if his Department is on target to complete action 2.10 of Housing for All to examine a system of holding rental deposits by the end of Q2 2023; the anticipated process following its completion; and if he will make a statement on the matter. [26673/24]

Darragh O'Brien (Dublin Fingal, Fianna Fail)
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The Residential Tenancies (Amendment) Act 2015 provided for the development of a deposit protection scheme to be operated by the Residential Tenancies Board (RTB). However, significant changes have taken place in the rental market since this legislation was passed. The Housing for All Action Plan Update published in November 2022, included an action to examine the creation of a system of holding rental deposits, informed by best international experience.

The Housing Agency have completed an examination in line with the Housing for All action, which my Department is currently reviewing.