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Results 421-440 of 1,116,266 for in 'Dáil debates' OR (speaker:Tom Kitt OR speaker:Peadar Tóibín OR speaker:Jennifer Whitmore OR speaker:John Brady OR speaker:Simon Coveney OR speaker:Brian Stanley OR speaker:Catherine Murphy OR speaker:Norma Foley OR speaker:Ossian Smyth OR speaker:Imelda Munster OR speaker:Michael Ring OR speaker:James O'Connor OR speaker:David Stanton OR speaker:Réada Cronin OR speaker:Mary Lou McDonald OR speaker:Matt Carthy OR speaker:Ivana Bacik OR speaker:Darragh O'Brien OR speaker:Mairead Farrell OR speaker:Cian O'Callaghan OR speaker:Charlie McConalogue OR speaker:Thomas Gould OR speaker:Alan Kelly) in 'Committee meetings'

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Mairead Farrell: Mr. Coleman has no concerns in terms of the delivery of the Land Development Agency's business plan, despite the €5.7 billion that was identified.

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Mairead Farrell: Will Mr. Coleman confirm the overwhelming majority of the Land Development Agency's capitalisation is coming from State sources?

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Mairead Farrell: It is entirely from State sources. My understanding is that the LDA is a commercial State-owned enterprise and that approval had to be granted by the European Commission to grant it off-balance sheet status. Is that correct?

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Mairead Farrell: Given that the Land Development Agency has yet to turn a profit and is reliant on State financing, does Mr. Coleman have any concern about compliance with state aid rules?

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Mairead Farrell: There are no concerns at all in the medium- to long-term.

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Mairead Farrell: My understanding is that the Land Development Agency would need to be returning a profit. It seems Mr. Coleman is unsure as to when the Land Development Agency will be in position to borrow and that we will be looking at continued long-term capitalisation from the Government. Mr. Coleman just mentioned the extra €1.25 billion in funding he expects from Government but we do not know...

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Mairead Farrell: Okay, the Land Development Agency is on-balance sheet.

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Mairead Farrell: I thought the Land Development Agency was off-balance sheet.

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Mairead Farrell: I am a bit concerned in terms of the long-term nature of the funding but we are in a serious housing crisis. As for the land the Land Development Agency has been seeking for the delivery of affordable homes - I am from Galway where we really are looking for affordable homes - lands where homes are delivered directly can be used or it can consider the purchase of affordable homes from...

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Mairead Farrell: It is €409,000. What is the average cost for the houses purchased from Cairn Homes in Citywest?

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Mairead Farrell: Is Mr. Coleman sure that capital expenditure is definitely not off-balance sheet?

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Mairead Farrell: It is definitely my understanding that it is off-balance sheet.

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Mairead Farrell: Can any of the witnesses confirm that?

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Brian Stanley: Would somebody from the Department explain? Perhaps Mr. O'Sullivan can confirm that? Certainly at least some of the funding was off-balance sheet.

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Mairead Farrell: My understanding was that the capital expenditure was off-balance sheet.

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Mairead Farrell: Okay, so capital expenditure is off-balance sheet.

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Brian Stanley: Just to clarify, that is all capital expenditure, Mr. O'Sullivan.

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Mairead Farrell: It is off-balance sheet.

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Brian Stanley: Off-balance sheet changes things.

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Mairead Farrell: That changes things but we will go back to that in a moment because I am still looking at-----

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