Oireachtas Joint and Select Committees

Tuesday, 2 October 2012

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht

Discussion with Housing Finance Agency

2:55 pm

Photo of Tony McLoughlinTony McLoughlin (Sligo-North Leitrim, Fine Gael)
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I thank the agency for its presentation. Many houses, particularly on the western seaboard, are vacant. These homes vary in size from two-bedroom apartments to three-bedroom semi-detached houses. Recently, I viewed the property registration website which detailed the prices of such homes as between €40,000 to €80,000. Has the HFA discussed with local authorities the possibility of financing the purchase of such properties as social housing stock which now cost substantially less to buy than to build? Many of the homes are in towns and villages and conform to building regulations. They would suit as social housing for the elderly, for example. Has the agency ever considered lending to individuals?