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Capital Expenditure Programme

Dáil Éireann Debate, Wednesday - 8 November 2023

Wednesday, 8 November 2023

Questions (52)

Eoin Ó Broin

Question:

52. Deputy Eoin Ó Broin asked the Minister for Housing, Local Government and Heritage the final capital allocations in 2023 for local authority social housing, capital assistance scheme and capital loan facility; and to set these final capital allocations for 2023 against the capital allocations for each of the three heads for 2024, in tabular form. [48903/23]

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Written answers

The data requested is set out in the following table.

Subhead

2023 Allocations

2024 Allocations

2023 REV

€000

2023 Capital Carryover €000

2023 LPT

€000

Total 2023 Allocation

€000

2024 AEV

€000

2024 LPT

€000

Total 2024 Allocation

€000

A.3 Local Authority Housing

1,184,101

240,000

78,549

1,502,650

1,331,100

78,000

1,409,100

A.7 Capital Assistance Scheme

137,000

137,000

140,000

140,000

A.11 Capital Advance Leasing Facility

309,599

309,599

315,000

315,000

In respect of the 2024 allocations, the Revised Estimates Volume for the Public Service (REV) will be published in mid-December and will set out the final detail on the 2024 subhead allocations for the Housing programmes, taking into account both the programme level allocations announced in Budget 2024 and any additions that may arise. Accordingly, the 2024 allocations presented above may vary.

Budget 2024 provides for continued record investment in Housing with €4.1bn in Exchequer funding for the delivery of housing programmes, comprising Capital funding of €2.6bn and Current funding of €1.5bn. The Capital provision of €2.6bn will be supplemented by Land Development Agency (LDA) investment and Housing Finance Agency (HFA) lending, resulting in an overall capital provision of over €5bn in 2024.

Furthermore, additional National Development Plan Capital funding for 2024 will be reviewed in the coming months.

Detailed information in respect of the Housing elements of Budget 2024 are set out in the 2024 Expenditure Measures Report, which is available at the following link: gov.ie - Budget 2024: Expenditure Reports (www.gov.ie)

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