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Written Answers — Department of Housing, Planning, and Local Government: Home Loan Scheme (6 Sep 2019)

Frank O'Rourke: 1996. To ask the Minister for Housing, Planning, and Local Government the amount of new funding for the Rebuilding Ireland home loan scheme that will be made available to Kildare County Council; if the additional funding will be sufficient for both the drawdown of loans on approvals already issued (details supplied) and for the projected loan demand for the remainder of 2019; when Kildare...

Written Answers — Department of Housing, Planning, and Local Government: Home Loan Scheme (6 Sep 2019)

Eoghan Murphy: When the Rebuilding Ireland Home Loan (RIHL) scheme was initially being developed, it was estimated that the drawdown of loans would be approximately €200 million over three years. However, the RIHL proved to be more successful than initially anticipated. My officials began engaging with the Department of Public Expenditure and Reform in October 2018 when higher lending and drawdown...

Written Answers — Department of Housing, Planning, and Local Government: Home Loan Scheme (6 Sep 2019)

Eoghan Murphy: ...seeking a mortgage to produce a tax clearance certificate, mortgage lending by banks and other Central Bank regulated mortgage lenders is a matter for my colleague, the Minister for Finance. The Rebuilding Ireland Home Loan (RIHL) is the only mortgage product for which my Department has responsibility. The RIHL, which was introduced from 1 February 2018, enables credit worthy first time...