Dáil Éireann Debate, Thursday - 17 July 2014
457. Deputy Michael McGrath asked the Minister for the Environment, Community and Local Government the number of mortgage-to-rent transactions that have been fully completed to date; the number currently at an advanced stage; and if he will make a statement on the matter. [32625/14]
View answerUnder the mortgage-to-rent scheme in operation through my Department, 64 cases have completed with tenancy agreements signed. In respect of 42 of these units all legal agreements with the local authority have been signed with payments being made or having been made by my Department. A further 122 are at an advanced stage of negotiation, with full funding approval having been issued by my Department in respect of 70 of these by the end of June 2014.
