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Land Development Agency

Dáil Éireann Debate, Tuesday - 16 April 2024

Tuesday, 16 April 2024

Questions (437)

Ivana Bacik

Question:

437. Deputy Ivana Bacik asked the Minister for Housing, Local Government and Heritage the timeline for publishing legislation to give effect to the outcome of the Government's decision to increase funding to the Land Development Agency; and if he will make a statement on the matter. [16656/24]

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Written answers

The Government's decision to increase the funding to the Land Development Agency was given effect by Sections 67 and 69 of the Local Government (Mayor of Limerick) and Miscellaneous Provisions Act 2024. This was enacted on 6 March 2024.

The additional funding provided will enable the LDA to advance its key work - developing social and affordable housing on vacant or underutilised state lands. Under the LDA's Business Plan 2024 – 2028, the agency will provide 12,900 - primarily affordable cost rental - homes over the lifetime of the plan. This is a significant contribution to the overall objectives within Housing for All.

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