Direct subvention is not available to the Land Development Agency (LDA) for the purposes of ensuring their rents are below market rents, however, the LDA can participate in schemes that are open to the whole market.
My Department provides funding to the LDA in respect of programme expenditure associated with the functions that are detailed under Section 29 of the LDA Act 2021. These functions include the development of a Register of Relevant Public Lands, the development of a report to Government on relevant public lands and any functions associated with the development of a Strategic Development Zone as provided for under Part IX of the Planning and Development Act 2000, as amended.
As with all State bodies operating under the aegis of my Department, arrangements have been put in place by the LDA through which Oireachtas members can request information directly from the Agency in relation to operational matters - in this regard, the LDA may be contacted directly at oireachtas@lda.ie.