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Departmental Correspondence

Dáil Éireann Debate, Wednesday - 20 March 2024

Wednesday, 20 March 2024

Questions (618)

Fergus O'Dowd

Question:

618. Deputy Fergus O'Dowd asked the Minister for Housing, Local Government and Heritage if he will respond to concerns raised in correspondence (details supplied) in respect of access to the housing market for single persons; and if he will make a statement on the matter. [11802/24]

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Written answers

The First Home Scheme, which launched in July 2022, supports first-time buyers and other eligible homebuyers in purchasing new houses and apartments in the private market, and now self-builders, through the use of an equity share model. Details are available on the First Home Scheme website, www.firsthomescheme.ie.

The First Home Scheme Ireland DAC (Designated Activity Company) was established for the purposes of managing and overseeing the First Home Scheme on behalf of all participants. Any policy change or expansion of the Scheme, including in relation to expanding the scheme to second hand homes would be a matter for consideration by the First Home Scheme DAC and its Board.

In relation to The Help to Buy (HTB) this scheme is administered by the Department of Finance and any development of the scheme comes under the remit of that Department. Details of HTB can be found on the Revenue’s website, www.revenue.ie.

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