Written answers

Tuesday, 9 October 2018

Department of Housing, Planning, and Local Government

Home Loan Scheme

Photo of Bríd SmithBríd Smith (Dublin South Central, People Before Profit Alliance)
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531. To ask the Minister for Housing, Planning, and Local Government the number of applicants for the Rebuilding Ireland home loan scheme; the number who have been granted the requested loan; and the counties in which these applicants reside, in tabular form. [40920/18]

Photo of Eoghan MurphyEoghan Murphy (Dublin Bay South, Fine Gael)
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As with the previous local authority home loan offerings, loan applications under the Rebuilding Ireland Home Loan are made directly to the local authority in whose area the property proposed for purchase is situated. My Department does not directly collect information on the number of loan applications received by each local authority.

However, as is currently the case, my Department will continue to publish information on the overall number and value of (i) local authority loan approvals and (ii) local authority loan drawdowns. Information up to Q4 2017 is available on the Department's website at the following link: , and this information is updated on a quarterly basis as additional data is compiled.

In addition, the Housing Agency provides a central support service which assesses loan applications that are made to the local authorities and makes recommendations to the authorities as to whether loans should be offered to applicants. I have asked the Agency to centrally compile figures on the numbers of applications that it has assessed and the most recent figures, as at the end of September, indicate that the Agency had received a total of 2,933 applications for assessment from local authorities.

Of the 2,933 applications received, 2,354 were deemed to be valid. Of these valid applications, 2,222 had been assessed and 1,134 of these (51%) had been recommended for approval. A breakdown by local authority of the 1,134 applications recommended for approval is set out in the following table.

Local Authority
Applications Recommended to Approve by HA
Carlow County Council15
Cavan County Council1
Clare County Council14
Cork City Council37
Cork County Council93
Donegal County Council13
Dublin City Council163
Dun Laoghaire–Rathdown County Council33
Fingal County Council156
Galway City Council22
Galway County Council32
Kerry County Council26
Kildare County Council72
Kilkenny County Council11
Laois County Council27
Leitrim County Council2
Limerick City & County 28
Longford County Council12
Louth County Council19
Mayo County Council13
Meath County Council101
Monaghan County Council2
Offaly County Council10
Roscommon County Council11
Sligo County Council16
South Dublin County Council84
Tipperary County Council23
Waterford City & County Council10
Westmeath County Council11
Wexford County Council33
Wicklow County Council44
Total1,134

Each local authority must have in place a credit committee and it is a matter for the committee to make the decision on applications for loans, in accordance with the regulations, having regard to the recommendations made by the Housing Agency.

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