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Housing Data

Dáil Éireann Debate, Wednesday - 28 April 2021

Wednesday, 28 April 2021

Ceisteanna (457, 464, 465)

Eoin Ó Broin

Ceist:

457. Deputy Eoin Ó Broin asked the Minister for Housing, Local Government and Heritage the number of Rebuilding Ireland home loan applications submitted in the first quarter of 2021; the number of applications accepted; the number approved; the number of mortgage drawdowns; the value of the applications in each category in the first quarter of 2021; the breakdown for each local authority area; and the breakdown as a total for the State under each heading. [21555/21]

Amharc ar fhreagra

Eoin Ó Broin

Ceist:

464. Deputy Eoin Ó Broin asked the Minister for Housing, Local Government and Heritage the number and value of Rebuilding Ireland home loans that were applied for, approved and drawn down in the first quarter of 2021. [21570/21]

Amharc ar fhreagra

Eoin Ó Broin

Ceist:

465. Deputy Eoin Ó Broin asked the Minister for Housing, Local Government and Heritage the average Rebuilding Ireland home loan amount that was drawn down in Dublin and outside of Dublin in the first quarter of 2021. [21571/21]

Amharc ar fhreagra

Freagraí scríofa

I propose to take Questions Nos. 457, 464 and 465 together.

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.

The most recent figures from the Agency on the numbers of applications that it has assessed and recommended for approval/decline for each local authority for the first quarter of 2021 are included in the below table:

Local Authority

Applications   Assessed

Recommended   to Approve

Recommended   to Decline

Carlow County Council

4

1

3

Cavan County Council

2

2

0

Clare County Council

5

2

3

Cork City Council

31

15

16

Cork County Council

45

24

21

Donegal County Council

9

5

4

Dublin City Council

48

34

14

Dún Laoghaire-Rathdown County Council

17

9

8

Fingal County Council

56

34

22

Galway City Council

9

6

3

Galway County Council

16

8

8

Kerry County Council

29

7

22

Kildare County Council

42

19

23

Kilkenny County Council

19

10

9

Laois County Council

13

6

7

Leitrim County Council

4

2

2

Limerick City & County Council

17

7

10

Longford County Council

13

8

5

Louth County Council

17

9

8

Mayo County Council

10

3

7

Meath County Council

16

10

6

Monaghan County Council

5

2

3

Offaly County Council

6

2

4

Roscommon County Council

3

3

0

Sligo County Council

8

4

4

South Dublin County Council

39

22

17

Tipperary County Council

17

12

5

Waterford City & County Council

18

7

11

Westmeath County Council

5

5

0

Wexford County Council

22

10

12

Wicklow County Council

37

14

23

Total

582

302

280

 

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 quarter of 2021 will be available in due course at the below link -

https://www.gov.ie/en/collection/42d2f-local-authority-loan-activity/#local-authority-loans-approvedpaid

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