Dáil Éireann Debate, Tuesday - 26 February 2013
470. Deputy Seamus Healy asked the Minister for the Environment, Community and Local Government if he will confirm the details of the recently announced local authority tenant purchase scheme; the date of publication; the date of commencement of the scheme; and if he will make a statement on the matter. [10315/13]
View answerThe 1995 tenant purchase scheme for existing local authority houses close d for new applications on 31 December 2012. I intend to replace that scheme with a new scheme based on the incremental purchase model, involving discounts for tenants linked to household income and a discount-related charge on the property that will dwindle away over a period unless the house is resold or the purchaser fails to comply with conditions of the sale. I intend to bring forward the necessary legislative provisions as soon as possible.
