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Local Authority Housing Mortgages

Dáil Éireann Debate, Tuesday - 15 January 2019

Tuesday, 15 January 2019

Questions (1156)

Eoin Ó Broin

Question:

1156. Deputy Eoin Ó Broin asked the Minister for Housing, Planning and Local Government the number of Rebuilding Ireland home loan applications by local authority; the number of such loans approved by each local authority; and the number of loans drawn down by each local authority in 2018, in tabular form. [1154/19]

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Written answers

My Department publishes information on the overall number and value of (i) local authority loan approvals and (ii) local authority loan drawdowns. Information up to Q3 2018, including in relation to number and value of mortgage drawdowns, is available on the Department's website at the following link: http://www.housing.gov.ie/housing/statistics/house-prices-loans-and-profile-borrowers/local-authority-loan-activity, and this information will be updated on a quarterly basis as additional data is compiled.

In addition, the Housing Agency provides a central support service which assesses loan applications that are made to the local authorities and makes recommendations to the authorities as to whether loans should be offered to applicants. I have asked the Agency to centrally compile figures on the numbers of applications that it has assessed and recommended for approval. The most recent figures, as at the end of December 2018, indicate that the Agency had recommended a total of 1,550 applications for approval since the Rebuilding Ireland home loan scheme launched, as set out in the table below:

Local Authority

Applications Assessed

Recommended to Approve

Carlow County Council

46

16

Cavan County Council

12

7

Clare County Council

48

19

Cork City Council

101

53

Cork County Council

222

133

Donegal County Council

29

18

Dublin City Council

339

215

Dún Laoghaire - Rathdown County Council

72

45

Fingal County Council

410

229

Galway City Council

62

30

Galway County Council

102

41

Kerry County Council

78

40

Kildare County Council

171

87

Kilkenny County Council

25

15

Laois County Council

70

36

Leitrim County Council

9

2

Limerick City & County Council

76

46

Longford County Council

29

15

Louth County Council

67

31

Mayo County Council

40

18

Meath County Council

185

124

Monaghan County Council

17

6

Offaly County Council

35

14

Roscommon County Council

26

13

Sligo County Council

36

20

South Dublin County Council

206

112

Tipperary County Council

76

29

Waterford City & County Council

32

14

Westmeath County Council

21

17

Wexford County Council

80

43

Wicklow County Council

128

62

Total

3,036

1,550

Each local authority must have in place a credit committee and it is a matter for the committee to make the decision on applications for loans, in accordance with the regulations, having regard to the recommendations made by the Housing Agency.

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