Results 461-480 of 1,059,511 for in 'Dáil debates' OR (speaker:Peter Burke OR speaker:Barry Cowen OR speaker:Matt Shanahan OR speaker:Alan Farrell OR speaker:Niall Collins OR speaker:Paul Murphy OR speaker:Violet-Anne Wynne OR speaker:Seán Canney OR speaker:Catherine Martin OR speaker:Thomas Gould OR speaker:James Browne OR speaker:Jim O'Callaghan OR speaker:Norma Foley OR speaker:Mairead Farrell OR speaker:Jennifer Whitmore OR speaker:John Lahart) in 'Committee meetings'
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Mairead Farrell: Part of this is my last question because I wanted to know how much the two-bedroom and the three-bedroom properties cost in their own right and then I would like to know what that open market value cost is in comparison to delivery. While we are waiting, I had a few other questions in my extensive notes. On the secure tenancy affordable rental, STAR, investment initiative, is that the...
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Mairead Farrell: Is that a subsidy from the State?
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Mairead Farrell: Would the Land Development Agency be able to provide affordable rents without that subsidy?
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Mairead Farrell: That is interesting. As a matter of interest, what exactly does that mean and how does something go from an investment property to property, plant and equipment?
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Mairead Farrell: What is the site then? Is it a particular site?
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Mairead Farrell: That changes it in that way.
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Mairead Farrell: That is interesting, as I did not know that. Does Mr. Coleman have the other figures to hand?
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Mairead Farrell: The full market value.
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Mairead Farrell: Is that for the two-bedroom unit?
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Mairead Farrell: That is the full market value where if I-----
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Mairead Farrell: In order to own it outright, that would be the right price. If you wanted to own it outright, that would have to be because of the affordable nature of it. You would have be-----
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Mairead Farrell: Yes, I know that.
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Mairead Farrell: No, I think I understand the scheme. I just meant if I moved into the LDA's affordable two-bed in Shanganagh - though obviously, I would never leave Galway so I do not know why I would do that - and I wanted to own it outright, I would pay the €478,000. Is that right?
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Mairead Farrell: How much is it for the three-bed?
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Mairead Farrell: Will Mr. Coleman confirm that the open market value is more than the cost of delivery?
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Mairead Farrell: I thank Mr. Coleman. That very much leads me back into the earlier conversation which I do not want to return to. The main thing I noticed on note 14 in the financial statements is that the Land Development Agency reclassified the site which was identified as an investment property to being property, plant and equipment. I thought that that was quite intriguing because I had never seen...
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Mairead Farrell: What is the cost of delivery then for the two?
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Mairead Farrell: Which one does this relate to now?
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Mairead Farrell: Let us we are talking about the two- and three-beds, will Mr. Coleman relate it exactly to them because it would be easier?
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Mairead Farrell: So the cost of delivery of the €478,000 two-bed houses is €426,000