Niamh Smyth (Cavan-Monaghan, Fianna Fail)
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245. To ask the Minister for Housing, Planning, Community and Local Government if he will address a matter (details supplied) regarding funding; and if he will make a statement on the matter. [6991/17]

Simon Coveney (Cork South Central, Fine Gael)
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Further to my correspondence with the Deputy in relation to this matter, I can confirm that Regulation 3 of the Housing (Local Authority Loans) Regulations 2012 clearly states that the Regulations apply to the provision of loan finance by housing authorities to first-time buyers for the acquisition of houses or for the construction of new houses.

To ensure effective targeting of limited resources, local authority loan finance continues to be available to first-time buyers only. The Regulations are kept under ongoing review and there are no plans, at this time, to alter the Regulations in this regard.