Dáil Éireann Debate, Tuesday - 28 February 2023
275. Deputy Robert Troy asked the Minister for Housing, Local Government and Heritage when the extension of the first-home scheme will be introduced; if the extension will be open to first-time self-builders who already own a house; and or if it will be for first-time self-builders who do not currently own a home. [9671/23]
Amharc ar fhreagraThe First Home Scheme, launched on 7 July 2022, primarily supports eligible first-time buyers in purchasing new houses and apartments in the private market through the use of an equity share model. It also supports certain other purchasers, who have previously owned a home, under the 'Fresh Start' principle. The scheme is administered by the First Home Scheme DAC, and further information is available on the official website at: www.firsthomescheme.ie.
In line with Action 1.2 of the Housing for All Action Plan Update (November 2022), I have requested that the First Home DAC consider the potential to expand the scheme to cover new self-build homes. This includes the governance, financial, and operational implications of such a change. I understand that this is under consideration by First Home at present.
