asked the Minister for Local Government if the two-thirds contribution towards loan charges payable to local authorities under the Housing Act, 1948 includes (i) interest only, or (ii) principal and interest; and if the total cost of a housing scheme, including site price, development, etc., less grants payable, enters into the loan charges payable by his Department.
Ceisteanna—Questions. Oral Answers. - Housing Subsidy.
16.
Housing subsidies are based on loan charges, in respect of interest and the repayment of principal, on foot of loans covering the all-in cost of dwellings, including the cost of site acquisition and development, subject to certain limits of capital costs per dwelling.