Cian O'Callaghan (Dublin Bay North, Social Democrats)
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1009.To ask the Minister for Housing, Planning, and Local Government the total capitalisation provided to the Land Development Agency (LDA) to date; the LDA’s total borrowing capacity; his plans regarding these arrangements; and if he will make a statement on the matter. [30885/24]

Darragh O'Brien (Dublin Fingal, Fianna Fail)
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To fund its commercial activities, the Land Development Agency (LDA) currently has access to:

• €2.5bn of equity capital from the Ireland Strategic Investment Fund (ISIF),
• €1.25bn of borrowings as provided for under the LDA Act, as well as;
• €1.25bn that can be raised by the LDA through the performance of certain functions.

A sub-committee of the Housing for All Investment group has been formed to determine the appropriate longer term funding structure of the LDA. This group will consider a broad range of financing options for the Agency, including the role of debt, additional public funding and the use of self-generated income by the LDA. I will consider the options for additional funding for the LDA with my colleague, the Minister for Public Expenditure NDP Delivery and Reform, and relevant officials, once the deliberations of this sub-committee have concluded.