The estimated cost of the mica redress scheme has risen from €1.4 billion to a potential figure of €3.6 billion if inflation runs consistently highIn much of the debate around the multibillion-euro mica grant scheme, the focus has been on both the desperate struggles of the homeowners and the ever-increasing pressure on politicians to do more.
The new legislation details for the first time exactly how the Government plans to keep a lid on the costs. When the local authority says the application is valid, there will then be another layer of governance as the application will be considered by the Housing Agency, which will take another look at the building condition assessment report and inspections. It will ask if the house has met the damage threshold to get access to the scheme.
The Housing Agency will also submit monthly financial reports on the costs of engaging competent building professionals, the testing of homes and the administration of the scheme.
It costs much more to build a house in Donegal right now than the house is actually worth when it’s finished.. unsustainable
But no money to build actual social housing. Says a lot, that.
What is the cost of not helping these people? Where will they live? Who wants tens of thousands more homeless people? If they move away, where do they go? What happens all the schools and businesses in those communities? Time to see the bigger picture.
why not pay those affected by mica etc the amount that they insured their house for as that is what they valued it at, with an adjustment for inflation over the last 6 months . should solve any argument over valuation so there can not be any argument
Laughing stock of a country, is it illegal for me to burn my passport
Biggest shake down of the taxpayer since army deafness claims
Are the people who made the materials, bought the materials, fit the materials, inspected the materials, etc etc etc being chased or asked about this? Manufacturers, builders, engineers, architects...who signed off?
Going to cost are around €8 billion in total.
Ridiculous. The whole thing
MotherandBabyHomes redress only a fraction of this. Where was the building regulator? Lawsuits against the builders?. Our government valuing property more than lost and stolen lives of Irish citizens
3 billion in budget being put aside for Ukrainian Nazis...
Im still curious why the 'builders ,engineers, plastered ,block layers and general building genuises, quarry's ' that built them aren't being hounded for this . Or their insurances aren't been chased to cover it. F******n chancers ,everyone of them.
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