Dáil Éireann Debate, Tuesday - 23 November 2021
285. Deputy Eoin Ó Broin asked the Minister for Housing, Local Government and Heritage the number of Rebuilding Ireland Home Loan applications, approvals and drawdowns in each month from January 2020 to October 2021;and the total value of the applications, approvals and drawdowns by local authority area and with an average approval and drawdown figure for each local authority in tabular form. [57245/21]
View answerThe Housing Agency provides a central support service that 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 provided by the Agency on the numbers of applications that it has assessed for each local authority, from January 2020 up to the end of October 2021 are set out in the below table:
|
Local Authority |
Applications Assessed |
|
Carlow County Council |
64 |
|
Cavan County Council |
18 |
|
Clare County Council |
56 |
|
Cork City Council |
183 |
|
Cork County Council |
311 |
|
Donegal County Council |
52 |
|
Dublin City Council |
392 |
|
Dún Laoghaire-Rathdown County Council |
63 |
|
Fingal County Council |
335 |
|
Galway City Council |
50 |
|
Galway County Council |
80 |
|
Kerry County Council |
152 |
|
Kildare County Council |
189 |
|
Kilkenny County Council |
78 |
|
Laois County Council |
81 |
|
Leitrim County Council |
32 |
|
Limerick City & County Council |
81 |
|
Longford County Council |
59 |
|
Louth County Council |
93 |
|
Mayo County Council |
47 |
|
Meath County Council |
127 |
|
Monaghan County Council |
42 |
|
Offaly County Council |
31 |
|
Roscommon County Council |
35 |
|
Sligo County Council |
38 |
|
South Dublin County Council |
191 |
|
Tipperary County Council |
96 |
|
Waterford City & County Council |
112 |
|
Westmeath County Council |
36 |
|
Wexford County Council |
162 |
|
Wicklow County Council |
178 |
|
Total |
3,464 |
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).
Local Authority drawdowns, approvals, average drawdowns, and average approvals to Q1 2021 is available at the following link, which will be updated, as updated figures are available:
www.gov.ie/en/collection/42d2f-local-authority-loan-activity/#local-authority-loans-approvedpaid.
