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