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Results 441-460 of 1,074,020 for in 'Dáil debates' OR in 'Committee meetings' (speaker:Peter Power OR speaker:Colm Burke OR speaker:Réada Cronin OR speaker:Cathal Berry OR speaker:Aengus Ó Snodaigh OR speaker:James Browne OR speaker:Mark Ward OR speaker:Joe McHugh OR speaker:Aengus Ó Snodaigh28 OR speaker:Mary Butler OR speaker:Pádraig O'Sullivan OR speaker:Rose Conway-Walsh OR speaker:Michael Collins OR speaker:Brian Stanley OR speaker:Kathleen Funchion OR speaker:Mick Barry OR speaker:Noel Grealish OR speaker:Chris Andrews OR speaker:Thomas Gould OR speaker:Aengus Ó Snodaigh18)

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

Brian Stanley: It is in tier 3.

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

Brian Stanley: The local authority in Laois is developing some cost-rental and affordable homes. They are delivering a very small number, but it is a start, which is good. Obviously, we wish the scheme were different, but we have to accept that the policy is where it is. In terms of the land aggregation scheme, which was a version of NAMA for local authorities, when the financial crash came, many of...

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

Brian Stanley: On only 50% of that land has there been any activity. The potential of some of the larger sites is not being used at all. I cannot remember the exact figure but we extrapolated a figure for the percentage of homes that have been delivered on those lands compared with their potential, and it was very small. There is a lot of pent-up land that could potentially be built upon under the...

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

Brian Stanley: That is okay.

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

Brian Stanley: I am looking at those assets that could be utilised. While we are on the subject of land, a question that local authorities ask relates to compulsory purchase order, CPO, powers. Sometimes the threat of CPOs is what makes them effective. The LDA does not have that power.

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

Brian Stanley: In what circumstances might they be used? Will Mr. Coleman talk about that?

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

Brian Stanley: That would happen if I owned the strip of land in front of a field that the LDA owned and prevented access.

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

Brian Stanley: What if I owned 1 acre of land and the LDA had 10 acres behind it?

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

Brian Stanley: Has the LDA used that power?

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

Brian Stanley: Would it be beneficial if the LDA had the same CPO powers as local authorities? Because it is a commercial company, it cannot have those powers. There would be legal issues around that.

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

Brian Stanley: It might be a part of the tools needed.

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

Brian Stanley: When the LDA is buying land on the open market, roughly how much does it cost per home? I have heard figures being quoted of €40,000, €60,000 or €70,000. I know the LDA is building apartments, which is different because they are being stacked and it is higher density accommodation. That is required in large urban areas, provided where it is done in a sensible way and...

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

Brian Stanley: When the LDA is buying from another State body, semi-State companies are included in the LDA reports. Those companies might include CIÉ, Bord na Móna, the Electricity Supply Board or whatever else. When the LDA is buying from such a company, am I correct that the company has to charge the market price?

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

Brian Stanley: It is existing use value.

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

Brian Stanley: If it is, for example, a parking lot for Bus Éireann buses, the assessed value would be the value to the company. It would not be the price for housing.

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

Brian Stanley: From reading the information supplied before the meeting and other information that is available, I understand that the LDA has to provide a minimum of 40% of cost rental or affordable purchase properties in any development it goes into. In other words, there has to be 40% developed under those two models. Is it correct that 60% can be sold off by a private developer?

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

Brian Stanley: Is that black and white? Can it change?

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

Brian Stanley: That is okay. Outside of Cork and Dublin, for example, what of Limerick?

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

Brian Stanley: It is 70%.

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

Brian Stanley: In anything you have delivered to date, there has been no-----

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