I propose to take Questions Nos. 1 and 75 together.
The housing aims of Rural Resettlement Ireland have my full support. Since 1992, my Department has approved grants totalling £215,000 towards the administrative and general expenses of RRI in respect of its housing related activities, including £60,000 this year. RRI has also been granted approved body status for the purposes of the voluntary housing capital assistance and rental subsidy schemes.
Households moving under the RRI programme may be eligible for local authority house purchase loans or shared ownership, and the deposit requirement under the latter scheme has been eased in these cases. In addition, the mortgage allowance and improvement works-in-lieu schemes can be used to assist families wishing to resettle in a rural area. The mortgage allowance scheme is already available to persons surrendering a local authority dwelling and I have no proposals for an additional `surrender' grant.
As there are considerable reservations about the viability and practical operation of a revolving fund, I have no proposals for the introduction of such a fund for the purchase of houses by RRI. However, agreement, in principle, has recently been reached with the Bank of Ireland, the Housing Finance Agency and RRI on a new pilot house purchase loan scheme which will be introduced shortly.