Dáil Éireann Debate, Thursday - 14 July 2022
369. Deputy Seán Canney asked the Minister for Housing, Local Government and Heritage if first time self-build homeowners will qualify for the new home equity scheme announced recently; and if he will make a statement on the matter. [39146/22]
View answerThe First Home Scheme, launched on 7 July, supports first-time buyers in purchasing new build houses and apartments in the private market through the use of an equity share model. The Scheme uses regional price ceilings based on the median prices of new build first time buyer homes.
Full details of the scheme are available at www.firsthomescheme.ie.
The First Home Scheme is not currently available for self-build properties. The First Home Scheme Designated Activity Company holds responsibility for scheme delivery and has confirmed the scheme parameters will subject to review in the future.
