Dáil Éireann Debate, Tuesday - 6 July 2021
241. Deputy Patricia Ryan asked the Minister for Housing; Local Government and Heritage if there are restrictions on approved housing bodies who wish to sell homes owned by them for full, partial or nominal value to gift or otherwise transfer ownership of these homes to tenants; and if he will make a statement on the matter. [36275/21]
Amharc ar fhreagraApproved Housing Bodies (AHBs) are independent not-for-profit organisations which operate in accordance with their Memorandum and Articles of Association.
If a property is owned outright by an AHB and is not subject to public funding, the AHB may choose to sell that property, once this is allowed for in their constitution. It should be noted that AHBs must have as their primary objectives the relief of housing needs and the provision and management of housing included within their memorandum of association or registered rules, as the case may be. The vast majority of AHBs are registered charities and, as such, they must also comply with the provisions of the Charities Acts in relation to the sale of charitable assets.
