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Saincheisteanna Tráthúla - Topical Issue Debate: Local Authorities (31 May 2022)

Malcolm Noonan: The local authority home loan is a Government-backed mortgage for first-time buyers and other eligible applicants delivered through local authorities. The scheme provides mortgage financing for those who are unable to secure a sufficient commercial bank loan. It was introduced on 4 January 2022, replacing the previous Rebuilding Ireland home loan. It is worth setting out at a high level how...

Ceisteanna Eile – Other Questions: Housing Provision (25 Jan 2022)

Malcolm Noonan: Housing for All commits to delivering 36,000 affordable purchase and 18,000 cost-rental homes by 2030. The Affordable Housing Act 2021 established two separate affordable purchase schemes and a new form of tenure in cost-rental, which saw the first 65 homes tenanted in 2021. The target delivery for affordable homes in 2022 is 4,100. The Minister, Deputy O'Brien, recently approved a further...

Seanad: Affordable Housing Bill 2021: Committee Stage (Resumed) (4 Jun 2021)

Malcolm Noonan: On Senator Gavan's point, which Senator Moynihan also raised, we have confirmed that homes will be made available by local authorities in a price range of €160,00 to €300,000. Using the Rebuilding Ireland home loan, this means homes are available to a much wider cohort of income groups. I will address amendment No. 37 first. Section 10 provides for regulations to be made to...

Ceisteanna Eile - Other Questions: Local Authority Housing (5 May 2021)

Malcolm Noonan: ...alone, we are providing capital funding of €468 million specifically to cover affordability measures. This includes €110 million for a new affordable purchase shared equity scheme and a new equity loan facility to deliver cost rental homes; €50 million in services sites funding to deliver affordable purchase homes on local authority lands; €38 million in local...

Saincheisteanna Tráthúla - Topical Issue Debate: Housing Provision (21 Oct 2020)

Malcolm Noonan: ...that affordable and high quality housing solutions are available to everyone in society. This is clearly reflected in the programme for Government, Our Shared Future, which confirms our view that home ownership should be a realistic aspiration for people. Everyone should have access to good-quality housing to purchase or rent at an affordable price in connected and sustainable...

Affordable Housing: Motion [Private Members] (7 Jul 2020)

Malcolm Noonan: ...in life by being able to access affordable housing. It is an issue I certainly will take seriously. The Government is keenly aware of the housing affordability challenges facing people across Ireland. It is only by taking measures all aspects of our housing system, including housing for purchase or rent and whether delivered privately or publicly, that we can begin to improve...

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