Written answers

Tuesday, 26 March 2019

Department of Housing, Planning, and Local Government

Home Loan Scheme

Photo of Darragh O'BrienDarragh O'Brien (Dublin Fingal, Fianna Fail)
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1372. To ask the Minister for Housing, Planning, and Local Government the amount of funding and loans issued by the Housing Finance Agency under the Rebuilding Ireland home loan scheme by local authority to date in tabular form; and if he will make a statement on the matter. [12989/19]

Photo of Eoghan MurphyEoghan Murphy (Dublin Bay South, Fine Gael)
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My Department requested the Housing Finance Agency (HFA) to provide figures for the amount of funding and loans issued by them under the Rebuilding Ireland home loan scheme by local authority to date in tabular form.

The drawdown amounts by Local Authorities from the HFA to date are provided in the following table.

Local AuthorityAdvanced Amount
-
Carlow County Council144,000
Cavan County Council-
Clare County Council2,249,104
Cork County Council6,433,650
Cork City Council-
Donegal County Council173,875
Dublin City Council27,588,461
Dún Laoghaire/Rathdown County Council1,023,500
Fingal County Council15,212,249
Galway City Council2,332,700
Galway County Council2,331,631
Kerry County Council682,600
Kildare County Council-
Kilkenny County Council679,240
Laois County Council2,320,300
Leitrim County Council184,500
Limerick City and County Council-
Longford County Council356,875
Louth County Council3,143,900
Mayo County Council943,707
Meath County Council10,399,585
Monaghan County Council67,500
Offaly Council-
Roscommon County Council450,800
Sligo County Council869,000
South Dublin County Council7,682,318
Tipperary County Council1,041,050
Waterford City and County Council1,486,625
Westmeath County Council971,500
Wexford County Council3,397,985
Wicklow County Council4,530,475
Total96,697,129
The Housing Finance Agency has sight of all recoupments that are made by local authorities for loans under the scheme. However, there is a time lag among some local authorities between issuing loans and approaching the HFA for recoupment of funds from the Agency for the scheme.

Photo of Darragh O'BrienDarragh O'Brien (Dublin Fingal, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

1373. To ask the Minister for Housing, Planning, and Local Government the amount of funding and loans issued under the Rebuilding Ireland home loan scheme by local authority to date in tabular form; and if he will make a statement on the matter. [12990/19]

Photo of Eoghan MurphyEoghan Murphy (Dublin Bay South, Fine Gael)
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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:

www.housing.gov.ie/housing/statistics/house-prices-loans-and-profile-borrowers/local-authority-loan-activity.

As part of the Review of the operation of the Rebuilding Ireland Home Loan scheme, my Department obtained information from the local authorities on loans drawn down to the end of January. These details are set out in the following table:

Local AuthorityLoans issued to end January 2019Value of loans issued to end January 2019
Carlow County Council5€510,000
Cavan County Council1€180,000
Clare County Council14€1,708,622
Cork City Council1€120,000
Cork County Council25€4,058,900
Donegal County Council3€204,875
Dublin City Council111€23,525,855
Dún Laoghaire - Rathdown County Council5€1,264,500
Fingal County Council82€18,254,259
Galway City Council11€1,679,000
Galway County Council17€2,263,781
Kerry County Council6€812,600
Kildare County Council68€14,973,597
Kilkenny County Council6€803,240
Laois County Council12€1,836,100
Leitrim County Council0€0
Limerick City & County Council2€343,800
Longford County Council5€356,875
Louth County Council10€1,829,500
Mayo County Council8€793,100
Meath County Council57€11,051,630
Monaghan County Council1€67,500
Offaly County Council0€0
Roscommon County Council2€242,000
Sligo County Council8€869,000
South Dublin County Council29€6,671,918
Tipperary County Council15€1,524,950
Waterford City & County Council14€2,039,292
Westmeath County Council6€971,500
Wexford County Council33€3,771,100
Wicklow County Council18€3,992,475
Total575€106,719,969

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