Fergus O'Dowd (Louth, Fine Gael)
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1281. To ask the Minister for Housing, Planning, and Local Government the position on available funding for the Rebuilding Ireland home loan scheme; and if he will make a statement on the matter. [4868/20]

Eoghan Murphy (Dublin Bay South, Fine Gael)
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The Rebuilding Ireland Home Loan (RIHL) was launched on 1 February 2018. When the RIHL was initially being developed, it was estimated that the drawdown of loans under the scheme would be approximately €200 million over three years. The RIHL proved to be more successful than initially anticipated and following discussions with the Department of Public Expenditure and Reform, an increase in funding of €363.6 million for 2018-2019 was communicated to all 31 local authorities on 15 August 2019.

Following further engagement with the Department of Public Expenditure and Reform, additional funding for new lending of up to €210 million has been secured to ensure the continuation of the RIHL in 2020.