Joe Carey (Clare, Fine Gael)
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Question 350: To ask the Minister for the Environment, Heritage and Local Government the number and location of applicants and the average mortgage amount provided under the home choice loan scheme introduced following Budget 2009; and if he will make a statement on the matter. [19688/09]

Michael Finneran (Roscommon-South Leitrim, Fianna Fail)
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Over 1,400 prospective purchasers have formally registered interest on the dedicated Home Choice website (www.homechoiceloan.ie) and these have been contacted to advise that applications are now being accepted. A total of 26 full applications have been made to the four local authorities operating the scheme on a regional basis. To date, no loans have been drawn down under the scheme.

Details of applications received by each of the designated local authorities are set out in the following table.

The intention of the scheme is not to provide an incentive for households to enter the housing market; it is designed rather to facilitate first-time buyers who have decided to purchase a home at this time.