Written answers

Tuesday, 26 April 2022

Photo of Eoin Ó BroinEoin 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]

Photo of Paschal DonohoePaschal 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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