Results 161-180 of 1,120,155 for in 'Dáil debates' OR in 'Committee meetings' (speaker:Rory O'Hanlon OR speaker:Hildegarde Naughton OR speaker:Robert Troy OR speaker:Fergus O'Dowd OR speaker:Patrick O'Donovan OR speaker:Catherine Connolly OR speaker:Marc Ó Cathasaigh OR speaker:Josepha Madigan OR speaker:Joe O'Brien OR speaker:Niall Collins OR speaker:Paschal Donohoe OR speaker:Paul McAuliffe OR speaker:Pádraig O'Sullivan OR speaker:Michael Collins OR speaker:Peter Burke OR speaker:Alan Kelly OR speaker:Cathal Crowe OR speaker:Colm Burke OR speaker:Darren O'Rourke OR speaker:Brian Leddin OR speaker:Gary Gannon OR speaker:Darragh O'Brien OR speaker:Willie O'Dea OR speaker:Denis Naughten OR speaker:Eoin Ó Broin OR speaker:Denise Mitchell OR speaker:Helen McEntee)

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

Eoin Ó Broin: My maths and my ability to add and subtract is far inferior to that of Mr. O'Sullivan. We have not had access to the full copy of the NewERA report that looks into the business plan. We got a very redacted copy of it. One of the interesting things about that is it was saying last year it needed an extra €5.7 billion of capitalisation. That is not the borrowing requirement or the...

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

Eoin Ó Broin: But it is not the funding it was saying it needed.

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

Eoin Ó Broin: It does, but one of them was €5.7 billion of capitalisation, not borrowing, because it has scaled its potential borrowing requirements down to less than €1 billion, probably about €700 million over the lifetime of the plan. The only reason I ask, with the indulgence of the Chair, and it relates to cost rental, and I hope to get clarity on what is happening with the...

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

Eoin Ó Broin: Nothing I am saying is factually-----

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 a question on equity. It is very obscure but important. I do not share the gearing concerns about the approved housing bodies with respect to social housing because they have a guaranteed repayment. There is clearly a risk challenge with cost rental. I understand that. Why not increase the CREL to 55%? It is the same thing either way. What is the value of equity? Is it just to...

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

Eoin Ó Broin: In order that we are clear, for anybody who has accessed CREL since that increase, it is not equity but a full CREL?

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

Eoin Ó Broin: They have not yet gone beyond 35%.

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

Eoin Ó Broin: The officials’ heads must get very sore from the constant proliferation of schemes and amendments to schemes. STAR was supposed to do the same thing from the point of view of the LDA. The difficulty the LDA had was that through Project Tosaigh, the all-in acquisition costs were so high that it would not be able to deliver rents of 25% below market rent. As a result, it sought and...

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

Eoin Ó Broin: By way of understanding, part of the challenge is that because many of these models have been evolving in real time around schemes and the challenges of schemes, the LDA, which is purportedly a commercial entity, has to pay the passive rate of corporation tax. There is a 25% tax charge which is essentially adding to the rent of the tenant. In an average LDA property that is an extra...

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

Eoin Ó Broin: My question is a different one and, again, I do not mean to be awkward. All of what I have said is the current state of play and these are the things people are talking about in the private rooms the witnesses and others are in. Is now not the time to sit down, look at the range of projects that are there and try to find what is the optimum model, inasmuch as one is possible, for both the...

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

Eoin Ó Broin: That means it is not being looked at but it could be looked at.

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

Eoin Ó Broin: I am done.

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 a final question.

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

Eoin Ó Broin: I will leave it for another day.

South Coast Designated Maritime Area Plan for Offshore Renewable Energy: Motion (10 Oct 2024)

Jennifer Whitmore: I too, welcome this motion and the development of the DMAPs. I recognise the enormous amount of work and consultation that went into bringing them about. I also acknowledge the fact that during the consultation period the Minister of State did listen to the environmental groups and took into consideration the environmental assessment needs of these areas. My comments are probably more...

South Coast Designated Maritime Area Plan for Offshore Renewable Energy: Motion (10 Oct 2024)

David Cullinane: I welcome today's motion and the fact that we now have the DMAPs for the south coast. I am very supportive of offshore renewable energy and its importance to the future infrastructure needs of the south east in particular, but also the State and the island, as well as its importance for Ireland reaching its climate action targets, becoming more carbon-neutral and also in terms of new...

South Coast Designated Maritime Area Plan for Offshore Renewable Energy: Motion (10 Oct 2024)

Richard Boyd Barrett: I have very mixed feelings about this motion. I am not from the south-coast area so I lack the sort of specific knowledge or guidance that would allow me to make a properly informed decision as to what I think about this motion. We all know we need to develop renewable energy and that offshore renewable energy will be an important part of that. We should also know, however, that the...

South Coast Designated Maritime Area Plan for Offshore Renewable Energy: Motion (10 Oct 2024)

Brendan Howlin: I am very pleased to have an opportunity to make a short contribution on what I regard as a very important motion. It is part of a long process in which we in these Houses have been involved for some time. The Minister of State described it as a landmark proposal, and it is. Spatial planning for our marine environment is a relatively new concept. In the past, it was almost a free-for-all...

South Coast Designated Maritime Area Plan for Offshore Renewable Energy: Motion (10 Oct 2024)

Darren O'Rourke: I welcome the opportunity to speak on the south coast DMAP. This has been quite some time coming. After 15 months, we finally have a plan for offshore wind on the south coast of our island. It is Ireland's first spatial plan for offshore wind and identifies four maritime areas off the south coast for offshore wind development over the next decade. It is welcome. Offshore renewable...

South Coast Designated Maritime Area Plan for Offshore Renewable Energy: Motion (10 Oct 2024)