Results 481-500 of 1,075,593 for in 'Dáil debates' OR (speaker:Máiría Cahill OR speaker:Fiona O'Loughlin OR speaker:Roderic O'Gorman OR speaker:John Paul Phelan OR speaker:Réada Cronin OR speaker:Michael Healy-Rae OR speaker:Seán Haughey OR speaker:James Lawless OR speaker:Michael Moynihan OR speaker:Micheál Martin OR speaker:Brian Stanley OR speaker:Mark Ward OR speaker:Michael Fitzmaurice OR speaker:Patricia Ryan OR speaker:Joe McHugh OR speaker:Colm Burke OR speaker:Michael Creed OR speaker:Cormac Devlin) in 'Committee meetings'
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Brian Stanley: Are they turn-key properties?
- 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?