Dáil Éireann Debate, Wednesday - 31 January 2007
1815 Dr. Upton asked the Minister for the Environment, Heritage and Local Government if he has plans to change the rules for clawback payments on the selling on of affordable housing; and if he will make a statement on the matter. [1101/07]
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The requirement for a clawback is necessary to ensure that there is no short-term profit taking on the resale of houses provided under the various affordable housing schemes at a discount from market value. There are no plans at present to alter the clawback arrangements under the existing schemes.
The clawback arrangements that might apply in relation to any additional initiatives for the provision of affordable housing would fall to be addressed in the context of the introduction of any such initiative.
