Dáil Éireann Debate, Tuesday - 10 February 2009
465 Deputy Jack Wall asked the Minister for the Environment, Heritage and Local Government the safeguards in legislation to ensure that funding provided for his Department’s projects is properly used (details supplied); and if he will make a statement on the matter. [4652/09]
View answerThe legislation provides that houses sold or leased under the affordable schemes will be subject to any terms and conditions that the local authority specifies including, inter alia, the occupation of the house by the purchaser. Furthermore, affordable housing sold at a discount from market value contains a clawback provision. The amount payable under the clawback is reduced by 10% in respect of each complete year after the tenth year of owner occupation, so long as the person who purchased the property has been in occupation of the property as his or her normal place of residence.
