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Regeneration Projects Expenditure

Dáil Éireann Debate, Tuesday - 26 May 2015

Tuesday, 26 May 2015

Questions (946, 947)

Dessie Ellis

Question:

946. Deputy Dessie Ellis asked the Minister for the Environment, Community and Local Government the amount of capital funding provided in the past, and more recently, to Ballymun Regeneration Ltd in regard to the Emerald Housing site in Sillogue Road, Ballymun, Dublin 11 which was part of the regeneration. [20088/15]

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Dessie Ellis

Question:

947. Deputy Dessie Ellis asked the Minister for the Environment, Community and Local Government regarding the Emerald Housing site in Sillogue Road, Ballymun, Dublin 11, which was part of the regeneration, the amount spent on legal fees, the demolition of blocks, security costs and sub-contractors over the years. [20089/15]

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Written answers

I propose to take Questions Nos. 946 and 947 together.

Funding for this scheme has been provided in the main under my Department’s Capital Loan and Subsidy Scheme, whereby my Department recoups capital loan charges to local authorities in respect of borrowings from the Housing Finance Agency for projects undertaken by approved housing bodies. Costs incurred by Dublin City Council in progressing the affordable housing element of this scheme were recouped to the local authority under my Department’s local authority housing construction programme.

The data requested is set out in the following table:

Loan Finance

Amount

Amount of loan finance drawn down by Dublin City Council through the Housing Finance Agency

€4,709,345

Enabling Works by Ballymun Regeneration Ltd.

€1,068,670

Legal Fees in relation to the construction contract 

€15,294

Capital Recoupment from Department to Dublin City Council in respect of costs incurred in progressing affordable units

€1,044,847

Demolition

€76,329

Security Costs  

€469,013

Sub-Contractors

€0

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