Housing tax reliefs and targets
Deputy McDonald sought clarity on possible tax reliefs for private developers and whether €450 million for 3,000 homes was genuinely additional or already counted in existing targets. The Taoiseach said nothing was ruled out for brownfield and city apartment investment, and that the €450 million was additional.
The Taoiseach was very evasive on the issue of tax reliefs for private developers when he was asked repeatedly here today. Can he be clearer? Can he give the clarity that was given by the Minister, James Browne, that, in fact, those reliefs are being considered? Will the Taoiseach also clarify for me the €450 million that arose from a memo that went to the Cabinet committee on housing? The Government is talking about 3,000 extra homes. That money is to be spread over three years. Will the Taoiseach confirm that those 3,000 houses are not in fact additional homes but are captured within existing targets? I am asking for clarity because this Government came to office on the basis of a lack of clarity and misleading information given to the electorate on the number of homes that had been built. It is now time for a clean breast of it and clarity-----
Comment on this
-----on tax reliefs and on those 3,000 homes.
Comment on this
I have discussed housing extensively in the past 20 minutes, given absolute clarity and identified the need to bring in private sector investment. I have identified the need to look seriously at brownfield sites in particular.
Comment on this
Nothing is ruled out in respect of brownfield sites, as far as I am concerned, in particular in the cities. That said, we will also look at other initiatives to incentivise private sector investment, particularly in apartment building and, again, in cities and large towns. That is where there is a challenge.
The €450 million is additional. It will build houses and units that are not built now. Nothing could be clearer than that.
Comment on this
But they are captured within existing targets.