Dáil Éireann Debate, Tuesday - 27 February 2018
61. Deputy Brian Stanley asked the Minister for Housing, Planning and Local Government if funding will be provided to Laois County Council to complete the remaining unfinished estates in the county that do not have a bond in place and in which the developer is no longer in business; and if he will make a statement on the matter. [9694/18]
Amharc ar fhreagra64. Deputy Brian Stanley asked the Minister for Housing, Planning and Local Government if funding will be provided in cases in which no bond is in place and in which a developer is no longer in business for unfinished estates in County Laois; and if he will make a statement on the matter. [9693/18]
Amharc ar fhreagraI propose to take Questions Nos. 61 and 64 together.
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 on realising income from bonds and securities. I have no plans to allocate further funding to local authorities in this regard.
The level of unfinished housing developments remaining is expected to show a further reduction when the 2017 Annual Progress Report is published by my Department shortly. It is my understanding that Laois County Council has made significant progress in further reducing the number of unfinished developments within its remit.
