Written answers
Thursday, 22 September 2022
Department of Culture, Heritage and the Gaeltacht
Housing Schemes
Sorca Clarke (Longford-Westmeath, Sinn Fein)
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242. To ask the Minister for Housing, Planning, and Local Government the number of successful and unsuccessful applications for the local authority home loan by county in tabular form. [46378/22]
Darragh O'Brien (Dublin Fingal, Fianna Fail)
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The Housing Agency provides a central support service that assesses applications for the Local Authority Home Loan on behalf of local authorities and makes recommendations to the authorities to approve or refuse applications.
The final decision on loan approval is a matter for the relevant local authority and its credit committee on a case-by-case basis. Decisions on all housing loan applications must be made in accordance with the Regulations establishing the scheme and the credit policy that underpins the scheme, in order to ensure prudence and consistency in approaches in the best interests of both borrowers and the lending local authorities.
The most recent figures provided by the Agency on the number of Local Authority Home loan applications that it has assessed for each local authority, up to the end of August 2022 are set out in the below table:
| Local Authority | Applications Assessed | Recommended to Approve | Recommended to Decline |
|---|---|---|---|
| Carlow County Council | 21 | 8 | 13 |
| Cavan County Council | 11 | 6 | 5 |
| Clare County Council | 25 | 12 | 13 |
| Cork City Council | 48 | 15 | 33 |
| Cork County Council | 153 | 53 | 100 |
| Donegal County Council | 10 | 6 | 4 |
| Dublin City Council | 135 | 81 | 54 |
| Dún Laoghaire-Rathdown County Council | 30 | 12 | 18 |
| Fingal County Council | 92 | 57 | 35 |
| Galway City Council | 29 | 20 | 9 |
| Galway County Council | 65 | 27 | 38 |
| Kerry County Council | 48 | 13 | 35 |
| Kildare County Council | 63 | 25 | 38 |
| Kilkenny County Council | 27 | 19 | 8 |
| Laois County Council | 32 | 12 | 20 |
| Leitrim County Council | 11 | 4 | 7 |
| Limerick City & County Council | 47 | 23 | 24 |
| Longford County Council | 26 | 15 | 11 |
| Louth County Council | 83 | 25 | 58 |
| Mayo County Council | 24 | 13 | 11 |
| Meath County Council | 89 | 61 | 28 |
| Monaghan County Council | 32 | 9 | 23 |
| Offaly County Council | 11 | 5 | 6 |
| Roscommon County Council | 25 | 5 | 20 |
| Sligo County Council | 22 | 7 | 15 |
| South Dublin County Council | 87 | 38 | 49 |
| Tipperary County Council | 31 | 14 | 17 |
| Waterford City & County Council | 65 | 9 | 56 |
| Westmeath County Council | 20 | 13 | 7 |
| Wexford County Council | 55 | 24 | 31 |
| Wicklow County Council | 66 | 25 | 41 |
| Total | 1483 | 656 | 827 |
My Department regularly publishes information on the number and value of (i) local authority loan approvals and (ii) local authority loan drawdowns. Local authority approval means that an official letter of offer has been sent to a borrower (and therefore relates to a specific property and loan amount).
Local Authority drawdowns, approvals, average drawdowns, and average approvals to Q1 2022 are available at the following link, which will be updated as soon additional figures are available:
www.gov.ie/en/collection/42d2f-local-authority-loan-activity/#local-authority-loans-approvedpaid
The Local Authority Home Loan is the successor to the Rebuilding Ireland Home Loan and has been available nationwide from local authorities since 4 January 2022. Data is collected separately for the Rebuilding Ireland Home Loan and the Local Authority Home Loan schemes.
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