Dáil Éireann Debate, Wednesday - 16 January 2013
718. Deputy Clare Daly asked the Minister for the Environment, Community and Local Government the role he envisages for Homebond in relation to the pyrite resolution board, noting that in 2011 HomeBond walked away from its responsibilities to householders and if he will confirm the amount which HomeBond has agreed to provide for the remediation works. [1964/13]
Amharc ar fhreagraHomeBond, in conjunction with the Construction Industry Federation and the Irish Concrete Federation, has agreed in principle to establish an entity for the purposes of operating a remediation scheme in respect of those homes affected by pyrite and where the homeowner has no other form of redress. This is a positive development which I welcome. The entity thus created will also be in a position to engage with the financial institutions in regard to the initial funding of the process which will ultimately be supported by the imposition of the levy to which the Government has committed. This approach is in line with the recommendations of the independent pyrite panel.
I am also proceeding with the establishment of the Pyrite Resolution Board, recommended by the independent panel, which will have full oversight of the operation of the remediation scheme to ensure that the public interest and the particular interest of the affected homeowners is well served.
HomeBond has also agreed to provide indirect funding for the remediation process by making technical and administrative services available at lower than market cost.
