Written answers
Tuesday, 13 November 2007
Department of Environment, Heritage and Local Government
Social and Affordable Housing
9:00 pm
Aengus Ó Snodaigh (Dublin South Central, Sinn Fein)
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Question 494: To ask the Minister for the Environment, Heritage and Local Government if consideration has been given to changing the claw-back system for people who bought a home under the affordable housing scheme operated by Dublin City Council and who are now selling that home to buy a larger or smaller property still within the affordable housing scheme, to allow them to avoid paying the claw-back as they are still within the scheme; and if he will make a statement on the matter. [28093/07]
Batt O'Keeffe (Cork North West, Fianna Fail)
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Houses sold to first time buyers under the various affordable housing schemes at a significant discount from market value contain a clawback provision, in order to prevent short-term profit taking on the resale of the house, to the detriment of the objectives of the schemes. As there is no provision in the affordable housing schemes that allow households switch accommodation from one affordable unit to another, the question of changing the clawback to facilitate these transfers does not arise. While there are no plans at present to alter the terms of the schemes, I am committed to keeping them under review.
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