Dáil Éireann Debate, Thursday - 5 March 2020
1225. Deputy Eoin Ó Broin asked the Minister for Housing, Planning and Local Government the number of applications, approvals and drawdowns of the Rebuilding Ireland home loan mortgage by local authority to date in 2020; and the average amount approved and drawn down in each local authority in 2020, in tabular form. [3267/20]
Amharc ar fhreagraThe 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.
I have asked the Agency to compile figures on the numbers of applications that it has assessed and recommended to approve since the beginning of 2020. So far this year, the Housing Agency has assessed 347 applications of which, 151 have been recommended for approval. Data on drawdowns is not available.
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 up to Quarter 3 2019, including in relation to the number and value of mortgage approvals and drawdowns and also, average loan amounts are available on my Department's website at the following link:
www.housing.gov.ie/sites/default/files/attachments/rihl-loans-2019-todate.xlsx.
Each local authority must have in place a Credit Committee and it is a matter for the Committee to make the final decision on applications for loans, in accordance with the regulations, and having regard to the recommendations made by the Housing Agency.
Loan Applications Assessed and Recommended for Approval by Housing Agency to end Feb 2020
|
Local Authority |
Applications Assessed |
Recommended to Approve |
|
Carlow County Council |
10 |
2 |
|
Cavan County Council |
2 |
0 |
|
Clare County Council |
7 |
2 |
|
Cork City Council |
21 |
8 |
|
Cork County Council |
19 |
11 |
|
Donegal County Council |
5 |
1 |
|
Dublin City Council |
44 |
18 |
|
Dún Laoghaire-Rathdown County Council |
10 |
8 |
|
Fingal County Council |
33 |
21 |
|
Galway City Council |
3 |
2 |
|
Galway County Council |
5 |
2 |
|
Kerry County Council |
11 |
2 |
|
Kildare County Council |
8 |
5 |
|
Kilkenny County Council |
7 |
2 |
|
Laois County Council |
13 |
6 |
|
Leitrim County Council |
1 |
0 |
|
Limerick City & County Council |
7 |
1 |
|
Longford County Council |
6 |
5 |
|
Louth County Council |
11 |
4 |
|
Mayo County Council |
4 |
2 |
|
Meath County Council |
22 |
8 |
|
Monaghan County Council |
5 |
0 |
|
Offaly County Council |
2 |
1 |
|
Roscommon County Council |
3 |
3 |
|
Sligo County Council |
2 |
0 |
|
South Dublin County Council |
34 |
19 |
|
Tipperary County Council |
7 |
2 |
|
Waterford City & County Council |
4 |
2 |
|
Westmeath County Council |
1 |
1 |
|
Wexford County Council |
18 |
3 |
|
Wicklow County Council |
22 |
10 |
|
Total |
347 |
151 |
