Dáil Éireann Debate, Tuesday - 2 April 2019
592. Deputy Donnchadh Ó Laoghaire asked the Minister for Housing, Planning and Local Government further to Parliamentary Questions Nos. 1408 and 1409 of 26 March 2019, the number of these applications for loans that have been approved and that number that have been drawn down in the same time period. [15128/19]
View answerMy Department publishes information on the overall number and value of (i) local authority loan approvals and (ii) local authority loan drawdowns. Information up to the end of Quarter 3 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. The Department does not collect information regarding the timelines for the drawdown of loans.
As part of the Review of the operation of the Rebuilding Ireland Home Loan scheme, my Department obtained information form the local authorities on loans drawn down to the end of January. The information provided by both Cork City and Cork County Council, the 2 local authorities referred to in Parliamentary Question Numbers 1408 and 1409 of 26 March 2019, are set out in the table.
|
Local Authority |
Loans issued to end January 2019 |
Value of loans issued to end January 2019 |
|
Cork City Council |
1 |
€120,000 |
|
Cork County Council |
25 |
€4,058,900 |
