Martin Heydon (Kildare South, Fine Gael)
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504. To ask the Minister for Environment, Community and Local Government if the proposed tenant purchase scheme will provide additional funding for local authorities, which could be ring-fenced to assist them in replenishing their housing stock, in view of the current shortage of houses; and if he will make a statement on the matter. [19758/15]

Paudie Coffey (Waterford, Fine Gael)
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Part 3 of the Housing (Miscellaneous Provisions) Act 2014 provides for a new scheme for the tenant purchase of existing local authority houses along incremental purchase lines. The Government’s Social Housing Strategy 2020 includes a commitment to make the Regulations necessary for its introduction, in the second quarter of 2015, which will set out the full details of the new scheme. It is expected that the new scheme will commence at the earliest possible date following the making of the Regulations.

Under section 13 of the Housing (Miscellaneous Provisions) Act 2009, as amended, housing authorities may, with my prior approval, use sales receipts and moneys received from tenant purchasers in respect of incremental purchase charges under the new tenant purchase scheme for the provision, refurbishment or maintenance of housing or related purposes.