Dáil Éireann Debate, Tuesday - 4 October 2022
294. Deputy Eoin Ó Broin asked the Minister for Housing, Local Government and Heritage the number of social housing retrofits delivered in 2022 with the €85 million allocation; the amount of this funding that he expects to go unspent in 2022; and the amount of the unspent funding that will be in the capital carryover for 2023. [48301/22]
View answerEarlier this year, my Department announced a significant increase in funding available of €85 million which will provided for the upgrade of approximately 2,400 social homes in 2022. Each local authority received an individual allocation along with a minimum target of homes they are required to retrofit. The programme has been devised in a way to give local authorities a level of flexibility when selecting properties to retrofit ranging from those requiring minor levels of works to properties needing the maximum level of retrofitting required to bring them to a B2/Cost Optimum standard.
Work in relation to the 2022 programme is ongoing, however, it will be later this year before significant recoupment claims are lodged with my Department. Full details in relation to the 2022 Energy Efficiency Programme will be available early in 2023.
In relation to capital carryover for 2023, the Finance Act 2004, section 91, provides for the carryover of up to 10% of the REV allocation (Capital) from one year to the next. For 2023, I have confirmed to the Minister for Public Expenditure and Reform that I am seeking full capital carryover of 10%, amounting to €340m. The details of the source and subsequent allocation of that funding will be published in the REV later this year. At this stage, I have signalled that €240m of the carryover will be applied to the Housing programme.
