Dáil debates

Wednesday, 1 May 2013

Other Questions

House Purchase Schemes

2:35 pm

Photo of Jan O'SullivanJan O'Sullivan (Limerick City, Labour) | Oireachtas source

I propose to take Questions Nos. 10, 21 and 66 together.

While the 1995 tenant purchase scheme for existing local authority houses closed for new applications on 31 December 2012, two incremental purchase schemes, one for newly-built local authority houses and the other for local authority apartments, remain in operation. It is intended to advance the necessary legislative proposals as soon as practicable in order to underpin an incremental purchase scheme for existing local authority houses. Such a scheme will involve discounts for tenants which will be linked to household income and a discount-related charge on the property that will dwindle away over a period unless the house is resold or the purchaser fails to comply with conditions of the sale. The precise terms of the new scheme will be set out in regulations when the necessary legislation is enacted.

Comments

No comments

Log in or join to post a public comment.