Results 461-480 of 1,083,901 for in 'Dáil debates' OR in 'Committee meetings' (speaker:Eamon Scanlon OR speaker:Brian Stanley OR speaker:Paul Donnelly OR speaker:Frank Feighan OR speaker:Catherine Martin OR speaker:Paschal Donohoe OR speaker:Michael Lowry OR speaker:Cian O'Callaghan OR speaker:Róisín Shortall OR speaker:Johnny Mythen OR speaker:Holly Cairns OR speaker:Alan Farrell OR speaker:Brendan Howlin OR speaker:Brian Leddin OR speaker:Bernard Durkan OR speaker:Danny Healy-Rae OR speaker:Denise Mitchell)
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Brian Stanley: Okay. Is that working out cheaper?
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Brian Stanley: Everything is predicated on the actual cost of delivery - rents, the amount of equity if you are using the help-to-buy scheme, which is effectively what is happening here for the purchaser and all of that. In cases where people are buying affordable housing, if some of them are that, all of that is predicated on the cost. That will determine the rent going forward, or the mortgage in the...
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Brian Stanley: Would it be cheaper in some cases to buy a turn-key because the cost of delivery through this model we just discussed for ten minutes seems to be very high?
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Brian Stanley: I understand that.
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Brian Stanley: I propose to suspend the meeting for ten minutes and we will resume in public session.
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Brian Stanley: I call Deputy Farrell, who has ten minutes.
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Brian Stanley: Who will take that question, will it be Mr. O'Neill?
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Brian Stanley: Mr. Coleman mentioned the tenants and how they are generally happy. The security of tenure is a big factor. I know from dealing constituents in the private market, they are on the edge of their seats the whole time as to when a lease will run out, when will the landlord decide he wants the home from one of his or her family, or when will the landlord decide to sell because houses are at...
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Brian Stanley: How many has the agency?
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Brian Stanley: There are six. With the framework, presumably the LDA has a system where it works out it is so much per unit, this is a service that is provided and within that framework it would have been procured. Is that correct?
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Brian Stanley: Regarding how does the cost the LDA is paying under the framework agreement compare with the cost charged by management companies in the open market?
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Brian Stanley: If someone's rent is €1,000 per week, the management fee would be 15% of that.
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Brian Stanley: So €150 per week would be going towards the management company.
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Brian Stanley: The LDA is not paying corporation tax at the moment because the pipeline has not reached the point where it has matured enough-----
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Brian Stanley: At 25%.
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Brian Stanley: I understand. How much interest is the LDA paying on the CEF funding?
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Brian Stanley: The LDA is not paying any interest.
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Brian Stanley: Is it paying any interest on any of the money it has at the moment?
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Brian Stanley: Mr. Coleman mentioned about having a gap to fill of €1.25 billion that the LDA needs to borrow.