Unfinished Housing Developments

Dáil Éireann Debate, Tuesday - 7 November 2017

Tuesday, 7 November 2017

Ceisteanna (1354)

Fergus O'Dowd

Ceist:

1354. Deputy Fergus O'Dowd asked the Minister for Housing, Planning and Local Government further to Parliamentary Question No. 165 of 30 March 2017, the reason an estate (details supplied) is being omitted from the unfinished housing list in 2017 in view of the occupancy rate in the estate; the detail of the report by his Department on the estate; the reason for the decision in view of Louth County Council's applications to have it added to the list. [46880/17]

Freagraí scríofa

Minister for Housing, Planning and Local Government

The 2016 Annual Progress Report on Unfinished Housing Developments, published in March 2017, highlighted that the number of ‘unfinished’ developments had reduced by over 85% from just under 3,000 developments in 2010 to 420 developments in 2016, with 248 developments resolved in 2016 alone.

Funding of the resolution process is now centred around investment by housing providers and their funders as well as income from bonds and securities.

The residual level of unfinished housing developments remaining is expected to show further reduction when the 2017 survey is finalised and the 2017 Annual Progress Report is published by year end. The position of the estate referred to is being considered in that context so it would be premature at this stage to conclude that it will not be included in the 2017 survey results.