Written answers
Tuesday, 7 November 2023
Department of Housing, Planning, and Local Government
Housing Schemes
Cian O'Callaghan (Dublin Bay North, Social Democrats)
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684. To ask the Minister for Housing, Planning, and Local Government the number of applications for the first home shared equity scheme; the number of approvals; the average house price for all drawdowns, broken down by county, in tabular form; and if he will make a statement on the matter. [48727/23]
Darragh O'Brien (Dublin Fingal, Fianna Fail)
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The First Home Scheme, launched on 7 July 2022, supports first-time buyers in purchasing new houses and apartments in the private market, or building their own home, through the use of an equity share model. Full details of the First Home Scheme are available at: www.firsthomescheme.ie.
The Scheme is overseen and managed by the First Home Scheme Ireland Designated Activity Company (First Home DAC), on behalf of scheme founders (the State and participating mortgage lenders). This body is responsible for collating and issuing statistical information as it pertains to the scheme. The First Home DAC has published its Q3 2023 Public Update covering the period from 7 July 2022 to 30 September 2023, which can be found on its website at: www.firsthomescheme.ie/about-the-company/quarterly-updates/.
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