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Local Authority Housing Mortgages

Dáil Éireann Debate, Tuesday - 20 November 2018

Tuesday, 20 November 2018

Ceisteanna (651)

Eoin Ó Broin

Ceist:

651. Deputy Eoin Ó Broin asked the Minister for Housing, Planning and Local Government the number of Rebuilding Ireland home loan applications by local authority; the number of such loans approved by each local authority; and the number of loans drawn down by each local authority by quarter in 2018, in tabular form. [47800/18]

Amharc ar fhreagra

Freagraí scríofa

My Department publishes information on the overall number and value of (i) local authority loan approvals and (ii) local authority loan drawdowns.  Information up to Q2 2018, including in relation to number and value of mortgage drawdowns, is available on the Department's website at the following link: www.housing.gov.ie/housing/statistics/house-prices-loans-and-profile-borrowers/local-authority-loan-activity, and this information will be updated on a quarterly basis as additional data is compiled.

In addition, the Housing Agency provides a central support service which assesses loan applications that are made to the local authorities and makes recommendations to the authorities as to whether loans should be offered to applicants.  I have asked the Agency to centrally compile figures on the numbers of applications that it has assessed and recommended for approval, the most recent figures, as at the end of October, indicate that the Agency had recommended a total of 1,317 applications for approval since the Rebuilding Ireland home loan scheme launched, as set out in the following table. 

Local Authority 

Applications Assessed

Recommended to Approve

Carlow County Council 

43

15

Cavan County Council 

11

2

Clare County Council 

47

18

Cork City Council 

87

43

Cork County Council 

196

104

Donegal County Council 

28

17

Dublin City Council 

305

189

Dún Laoghaire - Rathdown County   Council 

67

38

Fingal County Council 

365

185

Galway City Council 

56

26

Galway County Council 

94

36

Kerry County Council 

74

35

Kildare County Council 

166

85

Kilkenny County Council 

24

13

Laois County Council 

62

32

Leitrim County Council 

9

2

Limerick City & County   Council 

64

38

Longford County Council 

26

14

Louth County Council 

58

22

Mayo County Council 

37

15

Meath County Council 

169

109

Monaghan County Council 

13

3

Offaly County Council 

32

12

Roscommon County Council 

26

12

Sligo County Council 

30

17

South Dublin County   Council 

188

92

Tipperary County Council 

71

25

Waterford City & County   Council 

26

11

Westmeath County Council 

19

12

Wexford County Council 

76

39

Wicklow County Council 

114

56

Total 

2,583

1,317

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.

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