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Capital Expenditure Programme

Dáil Éireann Debate, Wednesday - 1 March 2023

Wednesday, 1 March 2023

Questions (74)

Eoin Ó Broin

Question:

74. Deputy Eoin Ó Broin asked the Minister for Housing, Local Government and Heritage of the €1.9 billion capital provision for housing for 2023 that is not voted Exchequer funding, how much is to come from each of LDA investment and HFA lending, respectively. [10434/23]

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Written answers

The overall capital provision being provided in 2023 will fund a range of social and affordability schemes and support an additional 27,000 households in 2023, through meeting the social housing needs of an additional 21,430 households and supporting a further 5,550 households to buy or rent at an affordable price. 

Budget 2023 provided for total Exchequer funding of €4bn to deliver housing programmes, including €2.6bn in capital funding and €1.4bn in current funding.  

The capital provision of €2.6bn will be supplemented by €1.9bn from Land Development Agency (LDA) investment and Housing Finance Agency (HFA) lending, resulting in an overall capital provision of €4.5bn for 2023.  

The €1.9bn in non-Exchequer funding comprises €1.3bn in HFA lending to local authorities and Approved Housing Bodies (AHBs) and approximately €0.6bn in LDA investment.

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