Brendan Griffin
Question:626. Deputy Brendan Griffin asked the Minister for Housing, Local Government and Heritage for clarification on a matter (details supplied); and if he will make a statement on the matter. [14030/24]
View answerTuesday, 9 April 2024
Questions (626)
Written answers
The Capital Assistance Scheme (CAS), provides up to 100% of the capital costs of a project to an Approved Housing Body (AHB) without repayment, subject to certain conditions being met. The Scheme does not provide funding towards ongoing operating costs such as heating.
With regards to the maintenance of the properties, this is funded through a combination of economic rents received from the tenant (based on the ability to pay) and, in some cases, a Rental Accommodation Scheme subsidy paid to the AHB by the Local Authority. These monies are paid directly to AHBs, who are are obliged to hold an element of these payments in a sinking fund to meet short, medium and long term maintenance costs.
Question No. 627 answered with Question No. 591.