Dáil Éireann Debate, Tuesday - 9 April 2024
703. Deputy Ivana Bacik asked the Minister for Housing, Local Government and Heritage how many approvals have issued under the First Homes Tenant Purchase Scheme to date; how many of those approvals have been drawn down; and if he will make a statement on the matter. [15177/24]
View answerThe First Home Scheme, launched on 7 July 2022, supports first-time buyers in purchasing new houses and apartments in the private market, or building their own home, through the use of an equity share model. Full details of the First Home Scheme are available at: https://www.firsthomescheme.ieThe Scheme is overseen and managed by the First Home Scheme Ireland Designated Activity Company (First Home 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 from 7 July 2022 to 31 December 2023, which can be found on its website at: https://www.firsthomescheme.ie/about-the-company/quarterly-updates/.
