Written answers
Tuesday, 19 May 2009
Department of Environment, Heritage and Local Government
Social and Affordable Housing
12:00 pm
Ciarán Lynch (Cork South Central, Labour)
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Question 353: To ask the Minister for the Environment, Heritage and Local Government if it is intended to make retrospective changes to the claw back provisions for existing purchasers under the affordable housing scheme; and if he will make a statement on the matter. [19727/09]
Michael Finneran (Roscommon-South Leitrim, Fianna Fail)
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Legislative provision to facilitate arrangements under which a local authority could agree to its claw back charge ranking in second place behind a new or topped-up mortgage charge, thereby facilitating persons in affordable housing wishing to re-mortgage with a private lender, is included in the Housing (Miscellaneous Provisions) Bill 2008 which is currently before the Oireachtas and is targeted for enactment by the Summer recess. Otherwise, there are no plans to alter the claw back provisions applicable to existing purchasers of affordable housing.
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