Thursday, 13 June 2019

Ceisteanna (245)

Darragh O'Brien

Ceist:

245. Deputy Darragh O'Brien asked the Minister for Housing, Planning and Local Government the number of applicants, number of approved applicants, number of refused applicants, number of applicants sent for further information, amount of funding and loans issued under the Rebuilding Ireland home loan scheme by local authority to date in tabular form; and if he will make a statement on the matter. [24822/19]

Amharc ar fhreagra

Freagraí scríofa (Ceist ar Housing)

The Housing Agency provides a central support service which assesses applications for the Rebuilding Ireland Home Loan on behalf of local authorities and makes recommendations to the authorities to approve or refuse applications. 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.

I have asked the Agency to compile figures on the numbers of applications that it has assessed and recommended for approval/decline.  The most recent figures, as at the end of May 2019, indicate that of the 4,193 applications assessed by it since the Rebuilding Ireland Home Loan scheme launched, the Agency had recommended 2,153 applications (51%) for approval. A breakdown by local authority is set out in the Table. The data provided does not include figures on the number of applications returned for further information as this information is not collected.

Local authority

Housing Agency Applications Assessed

Housing Agency Recommended to Approve

Housing Agency Recommended to Decline

Carlow 

55

18 (33%)

37 (67%)

Cavan

14

8 (57%)

6 (43%)

Clare

66

25 (38%)

41 (62%)

Cork City

157

80 (51%)

77 (49%)

Cork County

328

182 (55%)

146 (45%)

Donegal

38

20 (53%)

18 (47%)

Dublin City

464

288 (62%)

176 (38%)

DL/Rathdown

111

64 (58%)

47 (42%)

Fingal

580

339 (58%)

241 (42%)

Galway City

91

48 (53%)

43 (47%)

Galway County

143

56 (39%)

87 (61%)

Kerry

100

46 (46%)

54 (54%)

Kildare

172

87 (51%)

85 (49%)

Kilkenny

38

21 (55%)

17 (45%)

Laois

93

50 (54%)

43 (46%)

Leitrim

14

4 (29%)

10 (71%)

Limerick

114

71 (62%)

43 (38%)

Longford

44

20 (45%)

24 (55%)

Louth 

107

43 (40%)

64 (60%)

Mayo

62

28 (45%)

34 (55%)

Meath

242

167 (69%)

75 (31%)

Monaghan

34

14 (41%)

20 (59%)

Offaly

45

18 (40%)

27 (60%)

Roscommon

44

20 (45%)

24 (55%)

Sligo

47

24 (51%)

23 (49%)

South Dublin 

306

164 (54%)

142 (46%)

Tipperary

115

51 (44%)

64 (56%)

Waterford

69

29 (42%)

40 (58%)

Westmeath

33

23 (70%)

10 (30%)

Wexford

112

63 (56%)

49 (44%)

Wicklow

169

82 (49%)

87 (51%)

Total

4193

2153 (51%)

2040 (49%)

In addition to this, 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 1 2019, 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.