Dáil Éireann Debate, Thursday - 24 June 2021
241. Deputy Bernard J. Durkan asked the Minister for Housing, Local Government and Heritage the number of Rebuilding Ireland loans approved and drawn down in the past 12 months; and if he will make a statement on the matter. [34185/21]
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 number of Rebuilding Ireland Home Loans assessed and approved for the last 12 months up to the end of May 2021, as provided by the Housing Agency, are included in the attached spreadsheet.
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).
Local Authority drawdown for 2020 is available at the following link, which will be updated as updated figures are available:
www.gov.ie/en/collection/42d2f-local-authority-loan-activity/#local-authority-loans-approvedpaid
RIHL Applications Assessed & Approved by the Housing Agency June 2020 - May 2021
|
Local Authority |
Total Applications Assessed June 2020 - May 2021 |
Total Applications Recommended to Approve June 2020 - May 2021 |
|
Carlow County Council |
18 |
8 |
|
Cavan County Council |
7 |
5 |
|
Clare County Council |
29 |
15 |
|
Cork City Council |
126 |
59 |
|
Cork County Council |
172 |
79 |
|
Donegal County Council |
27 |
16 |
|
Dublin City Council |
207 |
141 |
|
Dún Laoghaire-Rathdown County Council |
32 |
17 |
|
Fingal County Council |
171 |
102 |
|
Galway City Council |
32 |
21 |
|
Galway County Council |
59 |
23 |
|
Kerry County Council |
107 |
36 |
|
Kildare County Council |
133 |
59 |
|
Kilkenny County Council |
56 |
32 |
|
Laois County Council |
42 |
20 |
|
Leitrim County Council |
18 |
6 |
|
Limerick City & County Council |
53 |
23 |
|
Longford County Council |
39 |
20 |
|
Louth County Council |
57 |
27 |
|
Mayo County Council |
29 |
12 |
|
Meath County Council |
64 |
44 |
|
Monaghan County Council |
22 |
7 |
|
Offaly County Council |
21 |
8 |
|
Roscommon County Council |
17 |
8 |
|
Sligo County Council |
28 |
8 |
|
South Dublin County Council |
101 |
47 |
|
Tipperary County Council |
46 |
26 |
|
Waterford City & County Council |
65 |
29 |
|
Westmeath County Council |
18 |
13 |
|
Wexford County Council |
88 |
37 |
|
Wicklow County Council |
108 |
42 |
|
Total |
1992 |
990 |
