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Housing Loans.

Dáil Éireann Debate, Thursday - 13 May 2004

Thursday, 13 May 2004

Questions (181, 182)

Richard Bruton

Question:

181 Mr. R. Bruton asked the Minister for the Environment, Heritage and Local Government the number of shared ownership loans issued in the years 1998 to 2003, inclusive. [14080/04]

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Richard Bruton

Question:

182 Mr. R. Bruton asked the Minister for the Environment, Heritage and Local Government the number of outstanding loans under shared ownership in the years 1998 to 2003, inclusive; the total subvention awarded towards the cost of the rental element. [14081/04]

View answer

Written answers

I propose to take Questions Nos. 181 and 182 together.

Mortgage finance for the shared ownership scheme is generally provided by the Housing Finance Agency and administered by individual local authorities. Accordingly, statistics on the number of loans advanced to fund shared ownership transactions or the number outstanding are not available in my Department. Activity under the scheme, for each local authority, is published in my Department's housing statistics bulletins. Copies are available in the Oireachtas Library.

The following amount was paid to the local authorities in respect of rent subsidy under the shared ownership scheme for the years 1998 to 2003, inclusive:

1998

1,710,832

1999

1,576,865

2000

1,097,376

2001

1,468,803

2002

1,878,536

2003

1,757,979.

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