Dáil Éireann Debate, Wednesday - 20 September 2017
805. Deputy Sean Fleming asked the Minister for Housing, Planning and Local Government the level of funding provided to local authorities for unfinished housing estates in 2016 and 2017; if funds are expected to be available under this heading in 2018; the funding provided in 2016 and 2017 by local authority; the number of housing estates that are covered by this funding; and if he will make a statement on the matter. [39901/17]
View answerThere was no direct funding provided by my Department towards unfinished housing estates in 2016 and 2017. The 2016 Annual Progress Report on Unfinished Housing Developments, published in March 2017, highlighted that the number of ‘unfinished’ developments had reduced by over 85% from just under 3,000 developments in 2010 to 420 developments in 2016. Funding of the resolution process is now centred around investment by housing providers and their funders as well as income from bonds and securities.
The 2016 report is available at the following link:
http://www.housing.gov.ie/sites/default/files/publications/files/resolving_unfinished_housing_developments_-_2016_annual_progress_report.pdf.
The residual level of unfinished housing developments remaining is expected to show further reduction when the 2017 survey is finalised and the 2017 Annual Progress Report is published by year end.
