Results 501-520 of 1,092,025 for in 'Dáil debates' OR (speaker:Rory O'Hanlon OR speaker:Violet-Anne Wynne OR speaker:Éamon Ó Cuív OR speaker:Mairead Farrell OR speaker:James Lawless OR speaker:Brian Stanley OR speaker:Imelda Munster OR speaker:Jennifer Murnane O'Connor OR speaker:Seán Haughey OR speaker:Éamon Ó Cuív14 OR speaker:Duncan Smith OR speaker:Seán Fleming) 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)
Mairead Farrell: I have a few fairly straightforward questions. We identified that the cost of the average unit in Shanganagh Castle is €409,000. The average cost of those purchased from Cairn Homes in Citywest is €435,000. What is the price per square metre for each such purchase? Can Mr. Coleman deal with Shanganagh first because I have it arranged that way in my notes?
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Mairead Farrell: I am just trying to get the information.
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Mairead Farrell: Some €4,210, okay.
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Mairead Farrell: If those figures can be brought back to the committee, that would be ideal. The Chair may have potentially already asked this but for the Shanganagh properties, what are the rents for the one-bedroom, two-bedroom and three-bedroom properties?
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Mairead Farrell: That is €1,690.
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Mairead Farrell: I got confused there. The one-bedroom unit rent is €1,250 and the three-bedroom units cost €1,700. What, then, is the rent for the two-bedroom units?
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Mairead Farrell: For the purchased homes, can Mr. McGuane provide the full market value for the two-bedroom and three-bedroom properties if one wants to own them outright?
- 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)
Mairead Farrell: That is not a problem.
- 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: 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...