I refer to the reply to Question No. 439 of 17 June, 2014 which sets out the position on this matter.
Funding for the provision of 10 units of accommodation by the approved housing body, Right of Place Building Project Ltd, was provided under my Department's Capital Assistance Scheme (CAS). In accordance with the terms and conditions of the CAS, responsibility for the administration of the scheme, including the assessment and appraisal of projects, ensuring compliance with public procurement and statutory planning and the payments of grants on foot of work done, rests with the local authority. Details of the amounts recouped to Cork City Council in respect of the project are set out in the following table.
Year
|
Amount Recouped
|
2001
|
€367,820
|
2002
|
€301,620
|
2003
|
€594,512
|
2006
|
€121,495
|
2012
|
€72,919
|
TOTAL
|
€1,458,366
|
The detailed guidelines pertaining to the provision of funding to AHB's under the CAS is set out in my Department's Memorandum VHU2/02, which may be accessed on my Department's website http://www.environ.ie/en/Publication
s/DevelopmentandHousing/Housing/ Capital Funding Schemes for the Provision of Rental Accommodation by Approved Housing Bodies
(pdf, 339 kb). Under the terms of the scheme the AHB's are the de facto owner of the properties and are required to make them available for social renting for the duration of the mortgage.