asked the Minister for Local Government what the regulations are governing the issue of loans by local authorities to farmers for the building of houses under the Small Dwellings (Acquisition) Acts.
Ceisteanna—Questions. Oral Answers. - Loans to Farmers under Small Dwellings Acts.
Issues from the Local Loans Fund are available to housing authorities for the purpose of making advances under the Small Dwellings (Acquisition) Acts to farmers, the valuation of whose holdings does not exceed £50. The maximum loan that may be made in any case is 95 per cent. of the market value of the premises, exclusive of a grant under any enactment, subject to a maximum advance of £1,600.
Will the Minister agree that now, in 1961, the level of £50 valuation is too low, and will he consider raising it so as to embrace farmers of higher valuation?
That is a separate question.