Dáil Éireann Debate, Wednesday - 20 February 2019
255. Deputy Bernard J. Durkan asked the Minister for Housing, Planning and Local Government the number of Rebuilding Ireland home loan applications received to date by county; the number approved, refused or pending; and if he will make a statement on the matter. [8707/19]
View answerAs with the previous local authority home loan offerings, loan applications under the Rebuilding Ireland Home Loan are made directly to the local authority in whose area the property proposed for purchase is situated. My Department does not directly collect information on the number of enquiries to local authorities regarding the loan or the number of loan applications received by local authorities.
The Housing Agency provides a central support service which assesses valid 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 asked the Agency to compile figures on its processing of applications and the most recent figures, as at the end of January 2019, indicate that the Agency had underwritten 3,258 applications since the scheme began. Of these, 1,660 were recommended for approval. The data provided does not include figures on the number of pending applications.
A breakdown by county of the approvals and refusals is in the following table.
RIHL approvals and refusals to end Jan 2019
|
Local authority |
Applications Underwritten |
Recommended to Approve |
Recommended to Decline |
|
Carlow County Council |
48 |
17 (35%) |
31 (65%) |
|
Cavan County Council |
18 |
8 (44%) |
10 (56%) |
|
Clare County Council |
54 |
19 (35%) |
35 (65%) |
|
Cork City Council |
112 |
56 (50%) |
56 (50%) |
|
Cork County Council |
262 |
145 (55%) |
117 (45%) |
|
Donegal County Council |
31 |
19 (61%) |
12 (39%) |
|
Dublin City Council |
375 |
230 (61%) |
145 (39%) |
|
Dún Laoghaire - Rathdown County Council |
87 |
47 (54%) |
40 (46%) |
|
Fingal County Council |
470 |
249 (53%) |
221 (47%) |
|
Galway City Council |
69 |
31 (45%) |
38 (55%) |
|
Galway County Council |
117 |
44 (38%) |
73 (62%) |
|
Kerry County Council |
95 |
41 (43%) |
54 (57%) |
|
Kildare County Council |
173 |
87 (50%) |
86 (50%) |
|
Kilkenny County Council |
28 |
15 (54%) |
13 (46%) |
|
Laois County Council |
75 |
39 (52%) |
36 (48%) |
|
Leitrim County Council |
10 |
3 (30%) |
7 (70%) |
|
Limerick City & County Council |
87 |
49 (56%) |
38 (44%) |
|
Longford County Council |
32 |
16 (50%) |
16 (50%) |
|
Louth County Council |
81 |
34 (42%) |
47 (58%) |
|
Mayo County Council |
49 |
18 (37%) |
31 (63%) |
|
Meath County Council |
213 |
133 (62%) |
80 (38%) |
|
Monaghan County Council |
23 |
8 (35%) |
15 (65%) |
|
Offaly County Council |
43 |
15 (35%) |
28 (65%) |
|
Roscommon County Council |
29 |
13 (45%) |
16 (55%) |
|
Sligo County Council |
42 |
20 (48%) |
22 (52%) |
|
South Dublin County Council |
233 |
122 (52%) |
111 (48%) |
|
Tipperary County Council |
87 |
31 (36%) |
56 (64%) |
|
Waterford City & County Council |
50 |
15 (30%) |
35 (70%) |
|
Westmeath County Council |
27 |
17 (63%) |
10 (37%) |
|
Wexford County Council |
94 |
50 (53%) |
44 (47%) |
|
Wicklow County Council |
144 |
69 (48%) |
75 (52%) |
|
Total |
3,258 |
1,660 (51%) |
1598 (49%) |
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.
