The Money Advice and Budgeting Service (MABS), under the aegis of the Citizens Information Board, since 2009, assists people who are over-indebted and need help and advice in coping with debt problems, in particular those on low incomes and people living on social welfare payments.
The role of MABS has expanded in recent years. In 2015 the Dedicated Mortgage Arrears (DMA MABS) service was established in MABS specifically to help people in mortgage arrears. Since mid-2016 MABS is the gateway to the Abhaile suite of services which aims to help mortgage holders in long term arrears to find the best solutions and keep them wherever possible, in their own homes.
Annual funding is provided by the Citizens Information Board to the MABS services, which are now organised on a regional basis.
The Money Advice and Budgeting Service also includes MABS National Development (ND) and National Traveller MABS.
MABS (ND) provides central support services to the MABS companies, including technical support for casework, money management, education and training and is also responsible for the national MABS Helpline.
National Traveller MABS (NTMABS) highlights issues of over-indebtedness and exclusion from financial institutions among Irish Travellers and makes appropriate responses through its research and policy work. It establishes ways for the Traveller community to access legal and affordable credit and money management advice.
Funding provided by CIB to the Money Advice and Budgeting Service, including National Traveller MABS and MABS National Development is shown in the table below.
|
MABS*€
|
MABS ND**€
|
DMA***€
|
ABHAILE€
|
TOTAL€
|
2008
|
n/a
|
n/a
|
n/a
|
n/a
|
-
|
2009
|
496,610
|
n/a
|
n/a
|
n/a
|
496,610
|
2010
|
16,093,413
|
1,974,412
|
n/a
|
n/a
|
18,067,825
|
2011
|
15,234,467
|
1,964,652
|
n/a
|
n/a
|
17,199,119
|
2012
|
15,929,321
|
2,008,000
|
n/a
|
n/a
|
17,937,321
|
2013
|
15,751,160
|
1,997,607
|
n/a
|
n/a
|
17,748,767
|
2014
|
15,389,058
|
1,981,043
|
n/a
|
n/a
|
17,370,101
|
2015
|
15,157,081
|
2,141,300
|
511,402
|
n/a
|
17,809,783
|
2016
|
15,425,959
|
2,244,492
|
1,754,392
|
915,707
|
20,340,549
|
2017
|
15,735,472
|
1,853,744
|
2,416,190
|
3,737,631
|
23,743,037
|
2018 allocation
|
15,785,916
|
2,334,549
|
2,054,732
|
3,694,142
|
23,869,339
|
* Money Advice and Budgeting Service ( including National Traveller MABS)
** MABS National Development
*** Dedicated Mortgage Arrears
I trust that this clarifies the matter for the Deputy.