Eoin Ó Broin (Dublin Mid West, Sinn Fein)
Link to this: Individually | In context | Oireachtas source

728. To ask the Minister for Housing, Planning, and Local Government to confirm the total spend via the social housing current expenditure programme in 2022 broken down by lease types, including: approved housing body, AHB, or capital advance leasing facility, CALF; mortgage-to-rent; Part V; private long-term lease; private enhanced lease; and any other type of lease providing expenditure for each category of leas type and the total number of leases funded in each category. [16728/23]

Eoin Ó Broin (Dublin Mid West, Sinn Fein)
Link to this: Individually | In context | Oireachtas source

729. To ask the Minister for Housing, Planning, and Local Government to confirm the total number of new mortgage-to-rent homes that were delivered in 2022. [16729/23]

Darragh O'Brien (Dublin Fingal, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

The Mortgage to Rent (MTR) scheme was introduced in 2012 for borrowers of commercial lending institutions and is targeted at those households in mortgage arrears who have had their mortgage position deemed unsustainable by their lender under the Mortgage Arrears Resolution Process (MARP), who agree to the voluntary surrender of their home and who have very limited options, if any, to meet their long-term housing needs themselves. In addition, the household must be deemed eligible for social housing support. The concept of the scheme is that a household with an unsustainable mortgage goes from being a homeowner to being a social housing tenant.

Under the MTR scheme, the borrower surrenders their property to their lender and it will be then sold to an MTR provider who can be either an Approved Housing Body (AHB) or since 2018 a private company, Home for Life Ltd. The AHB or local authority (in the case where the property is sold to a private company) becomes the landlord and the borrower remains in the property as a tenant paying a differential rent to the landlord based on his or her income.

The Housing Agency publishes, on a quarterly basis, detailed statistical information on the operation of the MTR scheme, which can be accessed on The Housing Agency's website at the following link: www.housingagency.ie/housing-information/mortgage-rent-statistics