Sinn Féin's Housing Spokesperson has accused Minister for Housing Daragh O'Brien of pursuing a similar housing policy to that of his predecessor, Fine Gael's Eoghan Murphy.
The Dáil has been debating the second stage of the Land Development Agency Bill.
Eoin Ó Broin said the LDA Bill stood to benefit developers and landlords.
"If we had a local authority-led approach, to public housing delivery, we wouldn't have a Land Development Agency", he told the Dáil.
However, Minister O'Brien said: "Local authorities will remain at the heart of providing homes and the LDA will complement that work by providing services to build out large, complex sites."
He called on TDs to support the bill, arguing that "one party's perfect" shouldn't be the "enemy of the common good".
Labour's Aodhán Ó Ríordáin described the bill as a "double-edged sword".
He said that are significant aspects of the bill that are to be commended, however other parts are "red flags".
Mr Ó Ríordáin said that the concept of an LDA is a good one.
However, he warned that there is a danger that "the LDA could end up as a mechanism for the wholesale privatisation of large tranches of public land".
Social Democrat Housing spokesperson Cian O'Callaghan called for the bill to be amended so that 100% of the homes built on public land are affordable or social.
"The bill fails to provide the kind of safeguards that we need to ensure that public lands will not end up in the hands of private developers," he said.
Earlier, People Before Profit TD Richard Boyd Barrett claimed that the Government is pillaging the national land bank and delivering it into the hands of private developers.
However, Mr O'Brien said that nine sites are already with the agency, and one of them, at Shanganagh Castle in Co Dublin, will see ground broken on it later this year.