The Housing Agency provides a central support service which assesses applications for the Rebuilding Ireland Home Loan on behalf of local authorities and makes recommendations to the authorities to approve or refuse applications. Housing Agency recommendations are then considered by the Credit Committee in each local authority, which issues loan approvals. Applications where further information is requested are not tracked.
I have asked the Agency to compile figures on the numbers of valid applications that it has assessed and recommended to approve/decline since the scheme begun. From 1st February 2018 to the end of September 2019, the Housing Agency had assessed 4,910 applications. Of these, it had recommended 2,585 for approval and 2,325 for decline.
Local Authority
|
Applications Assessed
|
Recommended to Approve
|
Recommended to Decline
|
Carlow County Council
|
72
|
28
|
44
|
Cavan County Council
|
18
|
9
|
9
|
Clare County Council
|
82
|
35
|
47
|
Cork City Council
|
208
|
94
|
114
|
Cork County Council
|
387
|
206
|
181
|
Donegal County Council
|
50
|
22
|
28
|
Dublin City Council
|
576
|
353
|
223
|
Dún Laoghaire-Rathdown County Council
|
127
|
73
|
54
|
Fingal County Council
|
701
|
408
|
293
|
Galway City Council
|
102
|
55
|
47
|
Galway County Council
|
177
|
61
|
116
|
Kerry County Council
|
126
|
56
|
70
|
Kildare County Council
|
190
|
100
|
90
|
Kilkenny County Council
|
53
|
28
|
25
|
Laois County Council
|
116
|
58
|
58
|
Leitrim County Council
|
16
|
4
|
12
|
Limerick City & County Council
|
133
|
83
|
50
|
Longford County Council
|
52
|
25
|
27
|
Louth County Council
|
134
|
54
|
80
|
Mayo County Council
|
74
|
32
|
42
|
Meath County Council
|
310
|
211
|
99
|
Monaghan County Council
|
53
|
18
|
35
|
Offaly County Council
|
49
|
21
|
28
|
Roscommon County Council
|
53
|
22
|
31
|
Sligo County Council
|
59
|
28
|
31
|
South Dublin County Council
|
365
|
194
|
171
|
Tipperary County Council
|
132
|
61
|
71
|
Waterford City & County Council
|
95
|
36
|
59
|
Westmeath County Council
|
48
|
32
|
16
|
Wexford County Council
|
152
|
79
|
73
|
Wicklow County Council
|
200
|
99
|
101
|
Total
|
4,910
|
2,585
|
2,325
|
My Department publishes information on the overall number and value of (i) local authority loan approvals and (ii) local authority loan drawdowns. Local authority approval means that an official letter of offer has been sent to a borrower (and therefore relates to a specific property and loan amount). Information on the RIHL for Quarter 1 2019, including in relation to the number and value of mortgage approvals and drawdowns, is available on the Department's website at the following link: www.housing.gov.ie/housing/statistics/house-prices-loans-and-profile-borrowers/local-authority-loan-activity. The data for Quarter 2 2019 will be available in the coming weeks.