Oireachtas Joint and Select Committees
Thursday, 29 March 2018
Public Accounts Committee
2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 15 - Galway Art House Cinema
Vote 33 - Arts, Heritage, Regional, Rural and Gaeltacht Affairs
9:00 am
Ms Katherine Licken:
The Gaeltacht housing loans refers to a scheme which goes back to 1929 and ran up to 1979 under the Housing (Gaeltacht) Act 1929. There are 30 remaining individual loans outstanding, none of which exceeds €6,600 in value. Up to 12,500 loans were paid out from 1930 to 2000. The value of the loans varied from €12.70, or £10, in the early 1930s to €5,100 in 2000. The value of the loan could not exceed the value of the grant. The maximum value of loans available to householders in Gaeltacht islands was €7,600. The repayment period varied from five to 30 years.
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