Written answers

Tuesday, 27 November 2007

Department of Environment, Heritage and Local Government

Mortgage Subsidies

8:00 pm

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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Question 648: To ask the Minister for the Environment, Heritage and Local Government if local authorities should be applying the increased income threshold for mortgage subsidies as set out in Circular HPS 10/05 to loans approved prior to 1 January 2006. [30955/07]

Photo of Batt O'KeeffeBatt O'Keeffe (Cork North West, Fianna Fail)
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The current income bands and subsidies under the rent and mortgage subsidy schemes are set out in Circular Letters HPS 10/05 and 1/06 and associated regulations, and apply to all transactions completed on or after 1 January 2006. The previous income bands and subsidies apply to transactions completed before this date.

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