Dáil Éireann Debate, Thursday - 27 April 2023
213. Deputy Brendan Smith asked the Minister for Finance the number of housing developments approved for funding by Home Building Finance Ireland to date in each county; the number of such developments that have ten units or less; the number of such developments with 20 units or less; and if he will make a statement on the matter. [20107/23]
Amharc ar fhreagraHome Building Finance Ireland was set up by the Government in 2019 to provide funding directly to housebuilders to build homes for owner occupiers, renters and those in need of social housing.
Since then, HBFI has approved funding of €1.25bn to fund 5,717 new homes across 21 counties. 68% of the funding approved to date is for houses and 32% for apartments.
HBFI provides funding for all types of supply from smaller schemes of five units up to larger schemes of 300 units.
To 31 December 2022, HBFI has approved 99 facilities across 21 counties. HBFI publishes regular updates on its funding to date on its website at www.hbfi.ie/data-protection-notice/about-hbfi/hbfi-data. The table below summarises the total number of developments approved for funding in each county:
Approved Facilities by County:
|
- |
No of Approved Facilities |
No of Homes |
Value €m |
|
Carlow |
1 |
22 |
€2.6 |
|
Cavan |
- |
- |
- |
|
Clare |
2 |
30 |
€5.3 |
|
Cork |
18 |
760 |
€104.5 |
|
Donegal |
2 |
82 |
€9.2 |
|
Dublin |
16 |
1,795 |
€505.8 |
|
Galway |
4 |
196 |
€52.6 |
|
Kerry |
4 |
175 |
€33.1 |
|
Kildare |
7 |
536 |
€75.1 |
|
Kilkenny |
1 |
113 |
€42.1 |
|
Laois |
3 |
116 |
€20.6 |
|
Leitrim |
- |
- |
- |
|
Limerick |
1 |
76 |
€16.4 |
|
Longford |
- |
- |
- |
|
Louth |
9 |
466 |
€87.4 |
|
Mayo |
5 |
92 |
€15.1 |
|
Meath |
9 |
517 |
€95.5 |
|
Monaghan |
1 |
12 |
€1.3 |
|
Offaly |
5 |
143 |
€34.1 |
|
Roscommon |
- |
- |
- |
|
Sligo |
- |
- |
- |
|
Tipperary |
1 |
32 |
€6.3 |
|
Waterford |
2 |
44 |
€12.4 |
|
Wexford |
3 |
70 |
€12.2 |
|
Wicklow |
4 |
426 |
€114.1 |
|
Westmeath |
1 |
14 |
€2.0 |
|
Total |
99 |
5,717 |
€1,247.7 |
HBFI is committed to supporting all types of developments across Ireland in order to boost the supply of new homes. The majority of the 99 approved developments funded by HBFI are small to medium sized schemes with 64% of the approved developments being <50 units with an average size of 19 units.
|
- |
No. of Approved Facilities |
Average Units per Development |
% of Approved Facilities |
|
Small (<50 units) |
63 |
19 |
64% |
|
Medium (50-100 units) |
23 |
69 |
23% |
|
Large (>100 units) |
13 |
223 |
13% |
|
Total |
99 |
58 |
100% |
