Written answers
Tuesday, 5 March 2019
Department of Housing, Planning, and Local Government
Home Loan Scheme
Eoin Ó Broin (Dublin Mid West, Sinn Fein)
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596. To ask the Minister for Housing, Planning, and Local Government the number of Rebuilding Ireland home loans drawn down in each local authority area at the end of 2018, in tabular form. [10610/19]
Eoin Ó Broin (Dublin Mid West, Sinn Fein)
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600. To ask the Minister for Housing, Planning, and Local Government the Rebuilding Ireland home loan budget allocated to each local authority in 2018; the drawdown of these budgets by local authorities in 2018; and the allocations for this loan scheme to each local authority in 2019, in tabular form. [10815/19]
Eoghan Murphy (Dublin Bay South, Fine Gael)
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I propose to take Questions Nos. 596 and 600 together.
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 the end of Quarter 3 2018, including in relation to number and value of mortgage drawdowns, is available on the Department's website at the following link: . As part of the Review of the operation of the Rebuilding Ireland Home Loan scheme my Department obtained information form the local authorities on loans drawn down to the end of January. The details are in the following table.
| Local Authority | Loans issued to end January 2019 |
|---|---|
| Carlow County Council | 5 |
| Cavan County Council | 1 |
| Clare County Council | 14 |
| Cork City Council | 1 |
| Cork County Council | 25 |
| Donegal County Council | 3 |
| Dublin City Council | 111 |
| Dún Laoghaire - Rathdown County Council | 5 |
| Fingal County Council | 82 |
| Galway City Council | 11 |
| Galway County Council | 17 |
| Kerry County Council | 6 |
| Kildare County Council | 68 |
| Kilkenny County Council | 6 |
| Laois County Council | 12 |
| Leitrim County Council | 0 |
| Limerick City & County Council | 2 |
| Longford County Council | 5 |
| Louth County Council | 10 |
| Mayo County Council | 8 |
| Meath County Council | 57 |
| Monaghan County Council | 1 |
| Offaly County Council | 0 |
| Roscommon County Council | 2 |
| Sligo County Council | 8 |
| South Dublin County Council | 29 |
| Tipperary County Council | 15 |
| Waterford City & County Council | 14 |
| Westmeath County Council | 6 |
| Wexford County Council | 33 |
| Wicklow County Council | 18 |
| Total | 575 |
The final allocations assigned to each local authority for mortgage and home improvement loans in 2018 are detailed in the following table. These final allocations are reflective of an internal rebalancing exercise carried out by my Department in respect of the approved allocations notified to the local authorities based on estimated drawdowns for 2018 as notified by the authorities.
| County Councils | Final Allocation 2018 |
|---|---|
| Carlow | 5,200,000 |
| Cavan | 2,100,000 |
| Clare | 4,500,000 |
| Cork | 6,000,000 |
| DL/Rathdown | 10,020,000 |
| Donegal | 2,000,000 |
| Fingal | 19,276,000 |
| Galway | 3,924,000 |
| Kerry | 3,075,000 |
| Kildare | 8,000,000 |
| Kilkenny | 6,080,000 |
| Laois | 5,500,000 |
| Leitrim | 500,000 |
| Longford | 1,200,000 |
| Louth | 4,300,000 |
| Mayo | 5,456,036 |
| Meath | 9,300,000 |
| Monaghan | 5,000,000 |
| Offaly | 1,700,000 |
| Roscommon | 1,500,000 |
| Sligo | 3,375,000 |
| South Dublin | 25,000,000 |
| Tipperary | 1,978,470 |
| Westmeath | 4,576,000 |
| Wexford | 7,000,000 |
| Wicklow | 4,000,000 |
| City Councils | |
| Cork | 1,520,000 |
| Dublin | 50,000,000 |
| Galway | 3,000,000 |
| City & County Councils | |
| Limerick | 2,545,916 |
| Waterford | 2,000,000 |
| TOTAL | 209,626,422 |
The Rebuilding Ireland Home Loan scheme has proven to be more successful than was initially anticipated. In relation to allocations for 2019, discussions are ongoing with the Departments of Public Expenditure and Reform and Finance with regard to further funding for the scheme. My Department will be in touch with local authorities once these discussions have concluded.
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