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Written Answers — Department of Housing, Planning, and Local Government: Home Loan Scheme (5 Mar 2020)

Seán Crowe: 1250. To ask the Minister for Housing, Planning, and Local Government the reason for the recent increase in interest in the Rebuilding Ireland home loan scheme from 2.25% to almost 3% on a 30 year term; when the increase was agreed; and if he will make a statement on the matter. [3772/20]

Written Answers — Department of Housing, Planning, and Local Government: Home Loan Scheme (5 Mar 2020)

Eoghan Murphy: The Rebuilding Ireland Home Loan (RIHL) launched on 1 February 2018. When the RIHL was initially being developed, it was estimated that the drawdown of loans under the scheme would be approximately €200 million over three years. The RIHL proved to be more successful than initially anticipated and following discussions with the Department of Public Expenditure and Reform an...

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