Michael Healy-Rae
Question:144. Deputy Michael Healy-Rae asked the Minister for Finance his views on a matter (details supplied) regarding first-time buyers grants; and if he will make a statement on the matter. [26836/16]
View answerDáil Éireann Debate, Tuesday - 27 September 2016
144. Deputy Michael Healy-Rae asked the Minister for Finance his views on a matter (details supplied) regarding first-time buyers grants; and if he will make a statement on the matter. [26836/16]
View answerThe Government is conscious that there is a supply shortage of housing and of the challenges faced by first-time buyers in meeting the macro prudential rules for home loans. As a complement to the structural actions in the Action Plan for Housing and Homelessness published on 19th July 2016, a new tax-based 'Help to Buy' incentive was announced.
The Deputy has raised the situation of a person building a house of their own or what is termed as a "self-build". The situation of self-builds and their eligibility for the Help-to-Buy incentive is being considered and your comments will be taken into account accordingly.
I will outline the full details of the incentive, including eligibility criteria and implementation method, on Budget day.