Dáil Éireann Debate, Tuesday - 26 June 2018
591. Deputy Alan Farrell asked the Minister for Housing, Planning and Local Government the action he plans to take in circumstances in which individuals have been refused a loan under the Rebuilding Ireland home loan scheme due to the fact that they were marginally over the threshold; and if he will make a statement on the matter. [27648/18]
View answerIt continues to be the case under the Rebuilding Ireland Home Loan, which was introduced on 1 February 2018, as with the previous local authority House Purchase Loan, that single applicants applying for the loan must not be earning more than €50,000 gross per annum and the combined income of joint applicants must not be greater than €75,000 gross per annum. This is to ensure the effective targeting of limited resources.
I have no plans to review these income limits at present.
