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Results 581-600 of 1,128,792 for in 'Dáil debates' OR (speaker:Tom Kitt OR speaker:Peadar Tóibín OR speaker:Jennifer Whitmore OR speaker:John Brady OR speaker:Simon Coveney OR speaker:Brian Stanley OR speaker:Catherine Murphy OR speaker:Norma Foley OR speaker:Ossian Smyth OR speaker:Imelda Munster OR speaker:Michael Ring OR speaker:James O'Connor OR speaker:David Stanton OR speaker:Réada Cronin OR speaker:Mary Lou McDonald OR speaker:Matt Carthy OR speaker:Ivana Bacik OR speaker:Aindrias Moynihan OR speaker:Donnchadh Ó Laoghaire OR speaker:Mairead Farrell OR speaker:Simon Harris OR speaker:Michael Creed OR speaker:Steven Matthews OR speaker:Danny Healy-Rae OR speaker:Louise O'Reilly OR speaker:Malcolm Noonan OR speaker:Niamh Smyth OR speaker:Verona Murphy) in 'Committee meetings'

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

Mairead Farrell: I thank Mr. Coleman. I just wanted to get that. Go raibh míle maith agaibh.

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.

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

Brian Stanley: What are the current rates with the EIB? At one stage it was flat but what are they at the moment? What would the LDA be hoping to get?

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

Brian Stanley: Mr. Coleman has some idea of what the agency will be charged out there. What is it at the moment?

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

Brian Stanley: How much would Mr. Coleman be talking about? He said it would not make sense to borrow at the moment------

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

Brian Stanley: He is right to have a figure. What is the figure in his head?

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

Brian Stanley: It might even be a bit over 5%.

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

Brian Stanley: Because of having the backstop of the State.

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

Brian Stanley: I know.

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