Dáil Éireann Debate, Tuesday - 26 March 2019
1386. Deputy Darragh O'Brien asked the Minister for Housing, Planning and Local Government the amount issued by the Housing Finance Agency to approved housing bodies per annum from 2011 to date; the number of units constructed under such finance; the number of units leased; and if he will make a statement on the matter. [13003/19]
View answerMy Department requested the Housing Finance Agency to provide figures for the amount of funding issued by the Agency to approved housing bodies per annum from 2011 to date; and the number of units constructed under such finance. The information concerned is set out in the following table.
|
- |
2011 |
2012 |
2013 |
2014 |
2015 |
2016 |
2017 |
2018 |
2019 (YTD) |
|
- |
€ Million |
€ Million |
€ Million |
€ Million |
€ Million |
€ Million |
€ Million |
€ Million |
€ Million |
|
Loans Advanced |
8.75 |
14.21 |
13.15 |
33.97 |
126.29 |
171.00 |
283.16 |
70.94 |
|
|
Cumulative Loan Advanced |
8.75 |
22.96 |
36.11 |
70.08 |
196.37 |
367.37 |
650.53 |
721.47 |
|
|
Units Advanced |
66 |
150 |
160 |
356 |
866 |
1,145 |
1,513 |
240 |
|
|
Cumulative units Advanced |
66 |
216 |
376 |
732 |
1,598 |
2,743 |
4,256 |
4,496 |
The units referred to in the table above include both construction and acquisition. It is important to note that unit delivery may not necessarily arise in the same year as funding advancement.
AHBs may also utilise the Capital Advance leasing Facility (CALF) in conjunction with a loan from the HFA. Dwellings constructed by AHBs using HFA finance are owned by AHBs and it is a condition of the funding that they are made available to local authorities for social housing using Payment and Availability Agreements (P&As).
With regard to leasing, in addition to the units which are supported through HFA funding outlined above, under the Social Housing Current Expenditure Programme (SHCEP), my Department supports AHBs to lease dwellings and make them available for social housing. These dwellings are secured under long-term leases between AHBs and private owners. They are then made available to local authorities for social housing using Payment and Availability Agreements (P&As), the cost of which is recouped to local authorities by my Department.
Output under AHB leasing since 2014 is set out in the following table.
|
- |
AHB Leasing |
|
2014 |
220 |
|
2015 |
523 |
|
2016 |
272 |
|
2017 |
492 |
|
2018 |
412 |
