Tuesday, 9 July 2019

Questions (181)

Darragh O'Brien

Question:

181. Deputy Darragh O'Brien asked the Minister for Finance the amount loaned out by Home Building Finance Ireland to date; the estimated number of homes to be built; and if he will make a statement on the matter. [30000/19]

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Written answers (Question to Finance)

Since its launch earlier this year HBFI has been actively engaging with small and medium sized builders and developers throughout the country through a range of market awareness raising initiatives. HBFI continues to benefit from a strong pipeline of interest from prospective borrowers as a result of these engagement activities.

The drawdown of funds relating to the first facilitates approved has already commenced with HBFI having approved a number of additional facilities since April. HBFI will publish information on its lending activities on a half-yearly basis with the first such report to be published next week.