Skip to main content
Normal View

Home Loan Scheme

Dáil Éireann Debate, Thursday - 4 March 2021

Thursday, 4 March 2021

Questions (79, 91, 92)

Johnny Mythen

Question:

79. Deputy Johnny Mythen asked the Minister for Housing, Local Government and Heritage the number of persons who applied for the Rebuilding Ireland home loan from 2018 to 2020 and to date in 2021; the number who were successful by county council that operated the scheme in tabular form; and if he will make a statement on the matter. [12384/21]

View answer

Bernard Durkan

Question:

91. Deputy Bernard J. Durkan asked the Minister for Housing, Local Government and Heritage the number of Rebuilding Ireland loans issued through local authorities over the past three years to date by month; and if he will make a statement on the matter. [12440/21]

View answer

Bernard Durkan

Question:

92. Deputy Bernard J. Durkan asked the Minister for Housing, Local Government and Heritage the number of applications received by local authorities for Rebuilding Ireland loans in each of the past three years to date; the number approved and rejected, respectively; and if he will make a statement on the matter. [12441/21]

View answer

Written answers

I propose to take Questions Nos. 79, 91 and 92 together.

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. Each local authority must have in place a credit committee and it is a matter for the committee to make the decision on applications for loans, in accordance with the regulations, having regard to the recommendations made by the Housing Agency.

The most recent figures, as at the end of February 2021, from the Agency on the numbers of applications that it has assessed and recommended for approval/decline for each local authority since the scheme began, are included in the below table:

Local Authority

Applications Assessed

Recommended to Approve

Recommended to Decline

Carlow County Council

101

37

64

Cavan County Council

31

12

19

Clare County Council

127

54

73

Cork City Council

353

154

199

Cork County Council

621

306

315

Donegal County Council

90

38

52

Dublin City Council

892

539

353

Dún Laoghaire-Rathdown County Council

184

101

83

Fingal County Council

1002

563

439

Galway City Council

144

75

69

Galway County Council

261

91

170

Kerry County Council

261

100

161

Kildare County Council

318

156

162

Kilkenny County Council

121

62

59

Laois County Council

182

87

95

Leitrim County Council

37

8

29

Limerick City & County Council

208

117

91

Longford County Council

91

45

46

Louth County Council

218

92

126

Mayo County Council

119

44

75

Meath County Council

410

256

154

Monaghan County Council

97

29

68

Offaly County Council

79

33

46

Roscommon County Council

84

38

46

Sligo County Council

101

42

59

South Dublin County Council

515

265

250

Tipperary County Council

198

87

111

Waterford City & County Council

185

69

116

Westmeath County Council

74

42

32

Wexford County Council

264

122

142

Wicklow County Council

345

153

192

Total

7713

3817

3896

The next stages in the process are approval and drawdown from the local authority.

My Department regularly publishes information on the 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).

Figures for 2019 and the first two quarters of 2020 are available at the following link: https://www.gov.ie/en/collection/42d2f-local-authority-loan-activity/#local-authority-loans-approvedpaid

Top
Share