Dáil Éireann Debate, Tuesday - 23 November 2021
246. Deputy Eoin Ó Broin asked the Minister for Finance the number of loan approvals by Home Building Finance Ireland in 2020 and 2021, with details on each approval including applicant, number of units, type of scheme, build to rent and so on; and the amount drawn down on each approval to date. [57246/21]
View answerSince inception, HBFI has approved €664m in funding for over 3,000 new homes across 18 counties (as of 30 September 2021), comprising of approximately 62% houses and 38% apartments.
Of the units for which funding has been approved by HBFI up to the end of September 2021, 73% is for the private and PRS market (which also includes 107 units for Part v) and 27% for social housing (AHB and Local Authority).
Based on the information available for the period requested (2020 & 2021), detail around the number of facilities, the quantum of funding and the homes for which funding has been approved (up to the end of Q3, 2021) is set out in the table below:
|
Year |
No. of Facilities |
Amount Approved |
No. of Units |
Housing Type |
Housing Category |
Drawn to Date |
|||
|
|
|
|
House |
Apart. |
Social |
Private |
PRS |
|
|
|
2020 |
21 |
€294.65m** |
1,360 |
623 |
737 |
333 |
433 |
594 |
€72.25m* |
|
2021 |
25 |
€259.90m** |
1,107 |
749 |
358 |
238 |
595 |
274 |
€10.39m* |
*There is a lag between funding being approved and it being draw down, with funds being drawn over the duration of the project.
**The amount approved in respect of any particular year can change due to amendments (for various reasons) to approved facilities. The amounts presented here are valid as of 30 September 2021.
