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Dáil Éireann Debate, Thursday - 18 January 2024

Thursday, 18 January 2024

Questions (214)

Eoin Ó Broin

Question:

214. Deputy Eoin Ó Broin asked the Minister for Housing, Local Government and Heritage the total number of first home scheme shared equity loans drawn down in 2023 and the average amount of the draw down. [2229/24]

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Written answers

The First Home Scheme, launched on 7 July 2022, supports first-time buyers in purchasing new houses and apartments in the private market through the use of an equity share model. Details are available at: www.firsthomescheme.ie.

The Scheme is overseen and managed by the First Home Scheme Ireland Designated Activity Company (First Home Scheme DAC), on behalf of scheme founders (the State and participating mortgage lenders). This body is responsible for collating and issuing statistical information as it pertains to the scheme. 

The First Home DAC has published its Q4 2023 Public Update, covering the period to 31 December 2023, which can be found on its website at: www.firsthomescheme.ie/media/ztwdc5rm/2023-q4-update.pdf.

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