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Home Loan Scheme

Dáil Éireann Debate, Tuesday - 2 April 2019

Tuesday, 2 April 2019

Ceisteanna (601)

John Brassil

Ceist:

601. Deputy John Brassil asked the Minister for Housing, Planning and Local Government the funding provided to each local authority for the allocation of the Rebuilding Ireland home loan scheme; the number of loans provided in each local authority area, in tabular form; and if he will make a statement on the matter. [15350/19]

Amharc ar fhreagra

Freagraí scríofa

The final allocations assigned to each local authority for mortgage and home improvement loans in 2018 are detailed in the following table.  These final allocations are reflective of an internal rebalancing exercise carried out by my Department in respect of the approved allocations notified to the local authorities based on estimated drawdowns for 2018 as notified by the authorities.

County Councils

Final   Allocation 2018

Carlow

5,200,000

Cavan

2,100,000

Clare

4,500,000

Cork

6,000,000

DL/Rathdown

10,020,000

Donegal

2,000,000

Fingal

19,276,000

Galway

3,924,000

Kerry

3,075,000

Kildare

8,000,000

Kilkenny

6,080,000

Laois

5,500,000

Leitrim

500,000

Longford

1,200,000

Louth

4,300,000

Mayo

5,456,036

Meath

9,300,000

Monaghan

5,000,000

Offaly

1,700,000

Roscommon

1,500,000

Sligo

3,375,000

South Dublin

25,000,000

Tipperary

1,978,470

Westmeath

4,576,000

Wexford 

7,000,000

Wicklow

4,000,000

City Councils

 

Cork

1,520,000

Dublin

50,000,000

Galway

3,000,000

City & County Councils

 

Limerick

2,545,916

Waterford

2,000,000

TOTAL

209,626,422

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 the end of Quarter 3 2018, including in relation to number and value of mortgage drawdowns, is available on the Department's website at the following link: http://www.housing.gov.ie/housing/statistics/house-prices-loans-and-profile-borrowers/local-authority-loan-activity.

However as part of the Review of the operation of the Rebuilding Ireland Home Loan scheme, my Department obtained information form the local authorities on loans drawn down to the end of January. These details are set out in the following table:

Local Authority

Loans issued to end January 2019

Carlow County Council

5

Cavan County Council

1

Clare County Council

14

Cork City Council

1

Cork County Council

25

Donegal County Council

3

Dublin City Council

111

Dún Laoghaire - Rathdown County Council

5

Fingal County Council

82

Galway City Council

11

Galway County Council

17

Kerry County Council

6

Kildare County Council

68

Kilkenny County Council

6

Laois County Council

12

Leitrim County Council

0

Limerick City & County Council

2

Longford County Council

5

Louth County Council

10

Mayo County Council

8

Meath County Council

57

Monaghan County Council

1

Offaly County Council

0

Roscommon County Council

2

Sligo County Council

8

South Dublin County Council

29

Tipperary County Council

15

Waterford City & County Council

14

Westmeath County Council

6

Wexford County Council

33

Wicklow County Council

18

Total

575

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