Written answers

Thursday, 12 July 2012

Department of Environment, Community and Local Government

Housing Grants

7:00 pm

Photo of Dominic HanniganDominic Hannigan (Meath East, Labour)
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Question 171: To ask the Minister for the Environment, Community and Local Government the schemes available to persons who are on low incomes to buy a new home; and if he will make a statement on the matter. [34061/12]

Photo of Jan O'SullivanJan O'Sullivan (Limerick City, Labour)
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There are two types of house purchase loan available from local authorities: standard annuity loans targeted at lower income first time buyers and those under the Home Choice Loan scheme which are available to qualifying middle income first time buyers affected by the "credit crunch". The terms and conditions governing the operation, including eligibility terms, of annuity mortgages and the Home Choice Loan are set out under the Housing (Local Authority Loans) Regulations 2009 and the Housing (Home Choice Loan) Regulations 2009 respectively. These are available on my Department's website: www.environ.ie

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