Written answers

Tuesday, 2 April 2019

Department of Housing, Planning, and Local Government

Home Loan Scheme

Photo of John BrassilJohn 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]

Photo of Eoghan MurphyEoghan 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 CouncilsFinal Allocation 2018
Carlow5,200,000
Cavan2,100,000
Clare4,500,000
Cork6,000,000
DL/Rathdown10,020,000
Donegal2,000,000
Fingal19,276,000
Galway3,924,000
Kerry3,075,000
Kildare8,000,000
Kilkenny6,080,000
Laois5,500,000
Leitrim500,000
Longford1,200,000
Louth4,300,000
Mayo5,456,036
Meath9,300,000
Monaghan5,000,000
Offaly1,700,000
Roscommon1,500,000
Sligo3,375,000
South Dublin25,000,000
Tipperary1,978,470
Westmeath4,576,000
Wexford 7,000,000
Wicklow4,000,000
City Councils
Cork1,520,000
Dublin50,000,000
Galway3,000,000
City & County Councils
Limerick2,545,916
Waterford2,000,000
TOTAL209,626,422

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 AuthorityLoans issued to end January 2019
Carlow County Council5
Cavan County Council1
Clare County Council14
Cork City Council1
Cork County Council25
Donegal County Council3
Dublin City Council111
Dún Laoghaire - Rathdown County Council5
Fingal County Council82
Galway City Council11
Galway County Council17
Kerry County Council6
Kildare County Council68
Kilkenny County Council6
Laois County Council12
Leitrim County Council0
Limerick City & County Council2
Longford County Council5
Louth County Council10
Mayo County Council8
Meath County Council57
Monaghan County Council1
Offaly County Council0
Roscommon County Council2
Sligo County Council8
South Dublin County Council29
Tipperary County Council15
Waterford City & County Council14
Westmeath County Council6
Wexford County Council33
Wicklow County Council18
Total575

Photo of John BrassilJohn 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]

Photo of Eoghan MurphyEoghan 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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