Shared Ownership Scheme

Dáil Éireann Debate, Monday - 11 September 2017

Monday, 11 September 2017

Questions (2007)

Róisín Shortall

Question:

2007. Deputy Róisín Shortall asked the Minister for Housing, Planning and Local Government the legislation in place governing the development of properties which are under shared ownership; and if he will make a statement on the matter. [37818/17]

Written answers

Minister for Housing, Planning and Local Government

Under the powers contained in Section 2 of the Housing (Miscellaneous Provisions) Act 1992, a local authority may grant a Shared Ownership lease and administer the Shared Ownership loan scheme.  The Shared Ownership Scheme was introduced in 1991 and was stood down in 2011.   From 1991 to 2010, a total of 16,492 loans were issued under the scheme, of which 3,585 remained at the end of Q1 2017.