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Local Authority Housing.

Dáil Éireann Debate, Wednesday - 26 September 2007

Wednesday, 26 September 2007

Questions (1029)

Finian McGrath

Question:

1122 Deputy Finian McGrath asked the Minister for the Environment, Heritage and Local Government if there is legislation planned to have the clawback provision rescinded for the affordable housing scheme. [20206/07]

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Written answers

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 to rescind the clawback arrangements under the existing schemes.

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