The Affordable Purchase Shared Equity Scheme is a policy initiative which falls under the remit of the Department of Housing, Local Government and Heritage following the allocation of €75m of funding as part of Budget 2021.
Officials in my Department have been providing on-going support and assistance to the Department of Housing, Local Government and Heritage and the Housing Agency in relation to the development of the scheme including interacting with the Banking and Payments Federation (BPFI) and the participating banks. The final details of the scheme, are still under discussion and remain to be finalised by the Department of Housing, Local Government and Heritage over the coming months.