Housing Schemes
Dail Éireann — 2026-05-19
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Eoin Ó Broin (SF), Dublin Mid-West

I have raised this with the Minister before. It is really to try to understand where this particular policy originated. As he knows, OMV is calculated prior to any discounts being applied for the purposes of affordable purchase schemes. That open market valuation does not necessarily have to be based on the all-in cost of development and in some developments is coming in significantly above that. It is not in the legislation or in any of the statutory instruments. When I discussed the matter with local authorities they told us that they do not know the origin of it. I am looking for the origin and an explanation of why this is the policy.

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2026-05-19/debate/main
Retrieved: 2026-09-28T05:50:46+00:00
Sitting date: 2026-05-19