Written answers

Tuesday, 29 January 2019

Department of Finance

Home Building Finance Ireland Establishment

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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164. To ask the Minister for Finance when Home Building Finance Ireland will be fully established; when funding will be issued; when applications will be submitted; if applications have been submitted; if so, the number and value of each; and if he will make a statement on the matter. [3915/19]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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Home Building Finance Ireland (HBFI) was incorporated on 7 December 2018, pursuant to the Home Building Finance Ireland Act 2018. The official launch of HBFI took place on 28 January 2019, with both myself and Minister Eoghan Murphy in attendance.

HBFI began accepting applications on 28 January 2019. The primary method of contact with HBFI is through its website () where an expression of interest can be submitted. HBFI can also be contacted through the HBFI contact email (info@hbfi.ie) or by means of telephone enquiry. As of 2:30pm on Monday 28 January, five expressions of interest had been received.

HBFI has also provided a dedicated email address for general queries and representations from Oireachtas members - oireachtas@hbfi.ie. This email is monitored regularly, and queries are responded to promptly, while observing the statutory principle of client confidentiality that is set out in the HBFI Act.

HBFI will be participating in six information events around the country, in conjunction with the Construction Industry Federation of Ireland (CIF), to ensure that their members are fully briefed in terms of HBFI and how HBFI may support their development activities.

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