Dáil Éireann Debate, Wednesday - 10 November 2021
103. Deputy Marian Harkin asked the Minister for Housing, Local Government and Heritage if Ireland plans to use InvestEU funds to support investment in social housing; and if he will make a statement on the matter. [55002/21]
View answerMy Department has no specific plans in place to use InvestEU funds at this time to support investment in social housing.
The recently published National Development Plan 2021-2030 provides a Capital Investment framework for all investment under the responsibility of my Department. Between 2021 and 2025 some €17.5bn will be provided, and an average of €2.4Bn per annum of this will be for social and affordable housing. This will be complemented by LDA investment and Housing Finance Agency funding, bringing the total capital available for social and affordable housing to some €4Bn per annum on average.
