Affordable Housing Bill 2021: Report and Final Stages
Seanad Éireann — 2021-06-18
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Fintan Warfield (SF), Cultural and Educational Panel

I move amendment No. 14:
In page 32, line 12, to delete “40 years” and substitute “50 years”.
I welcome the improvement on the repayment period of 30 years following the passing of amendment on Committee Stage, but I believe 50 years is better than what is currently in the Bill and what was previously in the Bill, going on a model. Going by the Vienna model, the longer the repayment period, the more chance we have of setting lower rents for the outset.
My belief is 50 years is a better option and we should substitute 40 years in exchange for 50 years.

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/seanad/2021-06-18/debate/main
Retrieved: 2026-08-14T04:49:24+00:00
Sitting date: 2021-06-18