Written answers
Tuesday, 26 April 2022
Department of Finance
State Bodies
Eoin Ó Broin (Dublin Mid West, Sinn Fein)
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489. To ask the Minister for Finance the breakdown of Home Building Finance Ireland, HBFI, loans by number of units fewer than 25, between 26 and 50, between 50 and 99, between 100 and 200 and over 200, geographical location of development by county and tenure, owner-occupier, private rental and social rental in tabular form. [19717/22]
Paschal Donohoe (Dublin Central, Fine Gael)
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Home Building Finance Ireland was established to increase the supply of new homes for owner-occupiers, renters and social housing by providing funding on commercial terms to housebuilders for commercially viable developments throughout Ireland. To March 2022, HBFI has approved funding of €1,129m across 81 projects in 20 counties. This funding will support the building of 4,920 new homes.
Additional detail requested is provided in the tables below:
(1) Approvals by Unit Size
Scheme Size Range | No. of Approvals | % of Total |
---|---|---|
0-24 | 38 | 47% |
25-49 | 12 | 15% |
50-99 | 19 | 23% |
100-200 | 5 | 6% |
200+ | 7 | 9% |
Total | 81 | 100% |
(2) Approvals by County
County | No. of Approvals | No. of Homes |
---|---|---|
Carlow | 1 | 22 |
Clare | 2 | 30 |
Cork | 13 | 584 |
Donegal | 2 | 82 |
Dublin | 14 | 1,723 |
Galway | 4 | 196 |
Kerry | 2 | 83 |
Kildare | 5 | 307 |
Kilkenny | 1 | 113 |
Laois | 3 | 116 |
Limerick | 1 | 76 |
Louth | 7 | 388 |
Mayo | 5 | 92 |
Meath | 9 | 517 |
Monaghan | 1 | 12 |
Offaly | 3 | 83 |
Waterford | 2 | 44 |
Wexford | 1 | 16 |
Wicklow | 4 | 422 |
Westmeath | 1 | 14 |
Total | 81 | 4,920 |
(3) Composition of HBFI approved funding
Total | % of Total | Owner-occupiers | Private Rental | Social Housing | Part V | |
---|---|---|---|---|---|---|
Houses | 3,164 | 64% | 2,368 | 26 | 610 | 160 |
Apartments | 1,756 | 36% | 73 | 1,327 | 288 | 68 |
Total | 4,920 | 2,441 | 1,353 | 898 | 228 | |
% of Total | 50% | 27% | 18% | 5% |
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