Written answers
Tuesday, 2 April 2019
Department of Housing, Planning, and Local Government
Home Loan Scheme
John Brassil (Kerry, Fianna Fail)
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601. To ask the Minister for Housing, Planning, and Local Government the funding provided to each local authority for the allocation of the Rebuilding Ireland home loan scheme; the number of loans provided in each local authority area, in tabular form; and if he will make a statement on the matter. [15350/19]
Eoghan Murphy (Dublin Bay South, Fine Gael)
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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 |
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: .
However 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. These details are set out 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 |
John Brassil (Kerry, Fianna Fail)
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602. To ask the Minister for Housing, Planning, and Local Government when discussions regarding further funding for the Rebuilding Ireland home loan scheme will be completed; and if he will make a statement on the matter. [15352/19]
Eoghan Murphy (Dublin Bay South, Fine Gael)
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Since its launch in February 2018, the Rebuilding Ireland Home Loan has proven to be more successful than was initially anticipated. Discussions are ongoing between my Department and the Departments of Public Expenditure and Reform and Finance with regard to further funding for the scheme and I hope that these will be concluded shortly. However, in the meantime, the scheme remains open and all local authorities should continue to receive and process applications up to and including the issuing of loans.
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