Oireachtas Joint and Select Committees

Tuesday, 8 December 2015

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht

General Scheme of the Housing (Regulation of Approved Housing Bodies) Bill 2015: Discussion

2:15 pm

Mr. Seán Cremen:

The value of loan approvals has increased fivefold. The total number of approvals is €180 million. This year, we have had approvals of €125 million to €126 million. Last year, that number was approximately €25 million, so there has been a very significant increase in the approvals in 2015 over 2014.