Eoin Ó Broin (Dublin Mid West, Sinn Fein)
Link to this: Individually | In context | Oireachtas source

651. To ask the Minister for Housing, Planning, and Local Government the number of Rebuilding Ireland home loan applications by local authority; the number of such loans approved by each local authority; and the number of loans drawn down by each local authority by quarter in 2018, in tabular form. [47800/18]

Eoghan Murphy (Dublin Bay South, Fine Gael)
Link to this: Individually | In context | Oireachtas source

My Department publishes information on the overall number and value of (i) local authority loan approvals and (ii) local authority loan drawdowns.  Information up to Q2 2018, including in relation to number and value of mortgage drawdowns, is available on the Department's website at the following link: www.housing.gov.ie/housing/statistics/house-prices-loans-and-profile-borrowers/local-authority-loan-activity, and this information will be 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 recommended for approval, the most recent figures, as at the end of October, indicate that the Agency had recommended a total of 1,317 applications for approval since the Rebuilding Ireland home loan scheme launched, as set out in the following table. 

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.