Thursday, 3 October 2019

Ceisteanna (366)

Darragh O'Brien

Ceist:

366. Deputy Darragh O'Brien asked the Minister for Housing, Planning and Local Government the number of approved applicants, refused applicants and applicants sent for further information, respectively, under the Rebuilding Ireland home loan scheme, by local authority; the funding and value of loans issued under the scheme by local authority to date, in tabular form; and if he will make a statement on the matter. [40389/19]

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. Housing Agency recommendations are then considered by the Credit Committee in each local authority, which issues loan approvals.  Applications where further information is requested are not tracked.

I have asked the Agency to compile figures on the numbers of valid applications that it has assessed and recommended to approve/decline since the scheme begun.  From 1st February 2018 to the end of September 2019, the Housing Agency had assessed 4,910 applications.  Of these, it had recommended 2,585 for approval and 2,325 for decline.

Local Authority 

Applications Assessed

Recommended to Approve 

Recommended to Decline 

Carlow County   Council

72

28

44

Cavan County   Council

18

9

9

Clare County   Council

82

35

47

Cork City   Council

208

94

114

Cork County   Council

387 

206

181

Donegal County   Council

50

22

28

Dublin City   Council

576

353

223

Dún   Laoghaire-Rathdown County Council

127

73

54

Fingal County   Council

701

408

293

Galway City   Council

102

55

47

Galway County   Council

177

61

116

Kerry County   Council

126

56

70

Kildare County   Council

190

100

90

Kilkenny   County Council

53

28

25

Laois County   Council

116

58

58

Leitrim County   Council

16

4

12

Limerick City   & County Council

133

83

50

Longford   County Council

52

25

27

Louth County   Council

134

54

80

Mayo County   Council

74

32

42

Meath County   Council

310

211

99

Monaghan   County Council

53

18

35

Offaly County   Council

49

21

28

Roscommon   County Council

53

22

31 

Sligo County   Council

59

28

31

South Dublin   County Council

365

194

171

Tipperary   County Council

132

61

71

Waterford City   & County Council

95

36

59

Westmeath   County Council

48

32

16

Wexford County   Council

152

79

73

Wicklow County   Council

200

99

101

Total 

4,910

2,585

2,325

My Department publishes information on the overall number and value of (i) local authority loan approvals and (ii) local authority loan drawdowns. Local authority approval means that an official letter of offer has been sent to a borrower (and therefore relates to a specific property and loan amount). Information on the RIHL for Quarter 1 2019, including in relation to the number and value of mortgage approvals and 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. The data for Quarter 2 2019 will be available in the coming weeks.