Eoghan Murphy (Dublin Bay South, Fine Gael) | Oireachtas source

One important thing is that any loan approval that has been given will be honoured - of course it will be. Applications are still being received and it is a matter for the Housing Agency and the credit committee of each local authority how they deal with those applications and whether they give approval or not. That is what is happening and it is continuing. I have been very clear with the House all along about this loan. I notified the House that we were reaching 50% of drawdown and that I would be engaging with the Department of Public Expenditure and Reform on a further tranche and further funding.