The money could have been used to build around 4,000 social and affordable housing units.
Funds which should have been used to build around 4,000 social and affordable housing units went unspent in recent years.
Figures obtained by Sinn Fein show that almost €1 billion intended to be used to provide affordable homes, wasn't used between 2020 and 2022.
The Department of Housing blamed the halting of building during Covid 19 lockdowns as one of the primary reasons for the underspend.
But Sinn Féin Laois Offaly TD, and Chairman of the Public Accounts Committee, Brian Stanley, says there's too much 'red tape' around local authorities when it comes to building social housing:
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