Written answers
Tuesday, 25 February 2025
Department of Housing, Planning, and Local Government
Housing Schemes
Pat Buckley (Cork East, Sinn Fein)
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551. To ask the Minister for Housing, Planning, and Local Government for an update on an application by persons (details supplied) for a local authority home loan with Cork County Council; the reason for the delay in processing this application; and when they can expect a decision on their case. [7917/25]
James Browne (Wexford, Fianna Fail)
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The Local Authority Purchase and Renovation (LAPR) loan is an expansion of the Local Authority Home Loan, and supports the purchase and/or renovation of vacant or derelict homes which are eligible for the existing Vacant Property Refurbishment Grant. Decisions on individual applications are a matter for the Local Authority.
The LAPR is for creditworthy first-time buyers and fresh start applicants who cannot get sufficient funding from commercial banks to purchase and/or renovate a vacant or derelict property. The introduction of the LAPR loan supports the Government's policy of bringing vacant or derelict homes back into use. Eligibility for the loan is subject to applicants meeting existing local authority mortgage eligibility criteria, as well as the renovation project meeting the scheme's lending criteria.
I have asked my Department to give their full attention to resolving any general issues that might impact the application process. I am advised that there was an issue concerning registering loan documentation with Tailte Éireann, which has now been resolved.
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