Dáil Éireann Debate, Wednesday - 3 March 2021
348. Deputy Denise Mitchell asked the Minister for Housing, Local Government and Heritage the number of applicants who have applied for the Rebuilding Ireland home loan in Dublin in 2020; and the number of applicants who were successful by quarter in tabular form. [11912/21]
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. 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.
The quarterly figures for 2020 from the Agency on the numbers of applications that it has assessed and recommended for approval for Dublin City Council, Dún Laoghaire-Rathdown County Council, Fingal County Council and South Dublin County Council, are provided below:
|
Quarter 1 |
Quarter 1 |
Quarter 2 |
Quarter 2 |
Quarter 3 |
Quarter 3 |
Quarter 4 |
Quarter 4 |
|
|
Local Authority |
Applications Assessed |
Recommended to Approve |
Applications Assessed |
Recommended to Approve |
Applications Assessed |
Recommended to Approve |
Applications Assessed |
Recommended to Approve |
|
Dublin City Council |
57 |
27 |
14 |
9 |
70 |
48 |
57 |
36 |
|
Dún Laoghaire-Rathdown County Council |
13 |
9 |
1 |
1 |
7 |
4 |
5 |
2 |
|
Fingal County Council |
47 |
25 |
1 |
1 |
54 |
31 |
60 |
37 |
|
South Dublin County Council |
49 |
28 |
8 |
2 |
25 |
12 |
22 |
7 |
The next stages in the process are approval and drawdown from the local authority.
My Department regularly publishes information on the 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).
Figures for the first two quarters of 2020 are available at the following link: https://www.gov.ie/en/collection/42d2f-local-authority-loan-activity/#local-authority-loans-approvedpaid
