Results 121-140 of 1,090,714 for in 'Dáil debates' OR in 'Committee meetings' (speaker:Tom Kitt OR speaker:Holly Cairns OR speaker:Mary Lou McDonald OR speaker:Michael McNamara OR speaker:Peter Fitzpatrick OR speaker:Ciarán Cannon OR speaker:John Brady OR speaker:Niall Collins OR speaker:Eoin Ó Broin OR speaker:Frank Feighan OR speaker:Mairead Farrell OR speaker:Jennifer Carroll MacNeill OR speaker:Emer Higgins OR speaker:Duncan Smith OR speaker:Patricia Ryan OR speaker:Pa Daly OR speaker:Pauline Tully OR speaker:Pippa Hackett OR speaker:Aengus Ó Snodaigh OR speaker:Mark Ward OR speaker:Aengus Ó Snodaigh00 OR speaker:Brendan Smith OR speaker:Michael Creed OR speaker:Aindrias Moynihan OR speaker:Heather Humphreys OR speaker:Fergus O'Dowd OR speaker:Jackie Cahill OR speaker:Damien English OR speaker:Seán Canney OR speaker:Pádraig Mac Lochlainn)

Joint Oireachtas Committee on Housing, Planning and Local Government: Housing (Miscellaneous Provisions) (No.2) Bill 2024: Discussion (10 Oct 2024)

Eoin Ó Broin: Apologies, is the importance of that, that it speaks to the gearing issue Mr. O'Gorman spoke about, that is, it eases a bit of the borrowing?

Joint Oireachtas Committee on Housing, Planning and Local Government: Housing (Miscellaneous Provisions) (No.2) Bill 2024: Discussion (10 Oct 2024)

Eoin Ó Broin: To add to that, I agree. For that to happen, there needs to be a single financing structure for all cost rentals. There are now three different financing structures between the AHBs, the local authorities and the LDA. There needs to be a single rent setting methodology. There are different rent setting methodologies within the witnesses' sector and again within the local authorities and...

Joint Oireachtas Committee on Housing, Planning and Local Government: Housing (Miscellaneous Provisions) (No.2) Bill 2024: Discussion (10 Oct 2024)

Eoin Ó Broin: I thank the officials. They are sick of looking at us, at this stage. It is the third time this week.

Joint Oireachtas Committee on Housing, Planning and Local Government: Housing (Miscellaneous Provisions) (No.2) Bill 2024: Discussion (10 Oct 2024)

Eoin Ó Broin: There are two values to this session. One of those, certainly for the Chair and I, is that with each of the sessions, including the private briefing, Second and Committee Stages and the earlier session this morning, we are getting a much better sense and understanding of the Bill. That is already very helpful. It is also very important to put some of this on the public record. While...

Joint Oireachtas Committee on Housing, Planning and Local Government: Housing (Miscellaneous Provisions) (No.2) Bill 2024: Discussion (10 Oct 2024)

Eoin Ó Broin: To be clear, Mr. Colgan is referring to the requirement that would then arise of having to split the AHB function from the support or other functions.

Joint Oireachtas Committee on Housing, Planning and Local Government: Housing (Miscellaneous Provisions) (No.2) Bill 2024: Discussion (10 Oct 2024)

Eoin Ó Broin: I asked this question in private session but again it is important it is put on the record. That means, for example, after this Part is enacted and commenced, the powers the regulator currently has over an AHB will apply to all of the activities of the AHB. I ask specifically in relation to the challenges that arose in the Peter McVerry Trust because of the blurring of the housing and...

Joint Oireachtas Committee on Housing, Planning and Local Government: Housing (Miscellaneous Provisions) (No.2) Bill 2024: Discussion (10 Oct 2024)

Eoin Ó Broin: For clarity, there is no power that AHBRA currently exercises over a registered AHB that it will not be able to exercise over the same AHB after this change in the registration process.

Joint Oireachtas Committee on Housing, Planning and Local Government: Housing (Miscellaneous Provisions) (No.2) Bill 2024: Discussion (10 Oct 2024)

Eoin Ó Broin: With respect to Part 3, I have well-rehearsed the concerns I have so I will not go back over them. The witnesses know what they are. Is the Department in a position to share with the committee on the record any information about where income eligibility thresholds for single person household sharing will be? I know the Minister does not have the actual amount. What can the witnesses tell...

Joint Oireachtas Committee on Housing, Planning and Local Government: Housing (Miscellaneous Provisions) (No.2) Bill 2024: Discussion (10 Oct 2024)

Eoin Ó Broin: Without pressing on a number - I know Ms Cooney cannot provide one - I presume there will not be a huge change between the current income limit for a household for a two-bedroom property versus two separate households. There will not be a huge gap between them.

Joint Oireachtas Committee on Housing, Planning and Local Government: Housing (Miscellaneous Provisions) (No.2) Bill 2024: Discussion (10 Oct 2024)

Eoin Ó Broin: My next question is about allocation schemes. I know Brian O'Gorman was only speaking for Clúid but nobody in the session earlier said they had asked for this change. I am not opposed to it in principle but so far only one hypothetical case has been discussed. We all know it is not a hypothetical case and that it is based on a real potential live project which Senator Cummins...

Joint Oireachtas Committee on Housing, Planning and Local Government: Housing (Miscellaneous Provisions) (No.2) Bill 2024: Discussion (10 Oct 2024)

Eoin Ó Broin: Targets were an issue that came up in the previous session. I took from our session this morning that the AHB sector was not looking to do the targeting. I am not against targeting in principle, it is just to understand. In those consultations with various providers and potential providers, has that targeting been raised by the LDA or potential private sector deliverers of cost rental?...

Joint Oireachtas Committee on Housing, Planning and Local Government: Housing (Miscellaneous Provisions) (No.2) Bill 2024: Discussion (10 Oct 2024)

Eoin Ó Broin: Am I correct in saying there is no allocation scheme for the affordable purchase units and that there is a lottery of whoever applies? This could be a mixture of something similar to affordable purchase but also with some categorisation of key workers or workers in proximity to places of work.

Joint Oireachtas Committee on Housing, Planning and Local Government: Housing (Miscellaneous Provisions) (No.2) Bill 2024: Discussion (10 Oct 2024)

Eoin Ó Broin: I have no issue with the change in the part of section 16 that deals with tenants in situ. Ms Cooney explained clearly that she believes it is legally necessary. I am not challenging that. The Department heard from the largest AHB in the country this morning that it will not change the current challenge in getting AHBs to purchase those units stuck with the Housing Agency because the...

Joint Oireachtas Committee on Housing, Planning and Local Government: Housing (Miscellaneous Provisions) (No.2) Bill 2024: Discussion (10 Oct 2024)

Eoin Ó Broin: At the risk of sounding like a journalist asking Simon Harris when he will call the election, is there any notional timeline for when that work might be concluded or there might be some move? I ask because the situation has been stuck for quite some time.

Joint Oireachtas Committee on Housing, Planning and Local Government: Housing (Miscellaneous Provisions) (No.2) Bill 2024: Discussion (10 Oct 2024)

Eoin Ó Broin: On LDA capitalisation, Mr. Colgan talked at the very end of his presentation about how there was €6.25 billion of capitalisation from the three tranches. That is very clear. He talked about the €1.25 billion in debt and then he talked about €1.25 billion and gave a longer explanation. My understanding is that the changes we made to the LDA Act on foot of the Cabinet...

Joint Oireachtas Committee on Housing, Planning and Local Government: Housing (Miscellaneous Provisions) (No.2) Bill 2024: Discussion (10 Oct 2024)

Eoin Ó Broin: Of commercial borrowing.

Joint Oireachtas Committee on Housing, Planning and Local Government: Housing (Miscellaneous Provisions) (No.2) Bill 2024: Discussion (10 Oct 2024)

Eoin Ó Broin: This is the bit I did not understand. Explain that to me in plain English.

Joint Oireachtas Committee on Housing, Planning and Local Government: Housing (Miscellaneous Provisions) (No.2) Bill 2024: Discussion (10 Oct 2024)

Eoin Ó Broin: Let me try to put that in plainer English. I appreciate Mr. O'Sullivan reading out the legislation. It is really helpful. In addition to the first tranche of capitalisation of €1.25 billion, the LDA had the capacity to borrow another €1.25 billion on the commercial markets. What Mr. O'Sullivan is saying is that the amendment to the Limerick mayoral Act earlier this year...

Joint Oireachtas Committee on Housing, Planning and Local Government: Housing (Miscellaneous Provisions) (No.2) Bill 2024: Discussion (10 Oct 2024)

Eoin Ó Broin: I thank Mr. O'Sullivan for the reminder. That still has not been transferred from NAMA.

Joint Oireachtas Committee on Housing, Planning and Local Government: Housing (Miscellaneous Provisions) (No.2) Bill 2024: Discussion (10 Oct 2024)

Eoin Ó Broin: This is one of the things that I never understood, although I have my suspicions. Obviously NARPS is a special purpose vehicle, SPV, and has the units in it. The debt on those is essentially being repaid by the leasing arrangement between local authorities and approved housing bodies. When NARPS and its units are moved into the LDA, which is a weird thing to do because they are social...