Aidan Farrelly (Kildare North, Social Democrats)
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506. To ask the Minister for Housing, Planning, and Local Government to provide the cost to the exchequer of the first home scheme (aka shared equity scheme) in each of the years since its creation in 2022, in tabular form; and an estimation of the cost for each year from the last year for which final numbers are available until 2030. [37192/25]

James Browne (Wexford, Fianna Fail)
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The First Home Scheme, which launched in July 2022, is a shared equity scheme, designed to help bridge the gap for eligible first-time buyers, eligible homebuyers, and self-builders, between their deposit and mortgage, and the price of their new home (within price ceilings established across the country). Full details are available on the First Home Scheme website, www.firsthomescheme.ie.

The Exchequer expenditure for the years 2022 to 2024 are indicated in the table below.

It is projected that the State will be providing €80 million in 2025 to the First Home Scheme.

In May 2025, all Shareholders agreed their continued support of the Scheme until 1 June 2027 and to provide the required capital to meet this commitment. This extension is in line with the Programme for Government commitment to extend the First Home Scheme out to 2030.

The projected total State commitment to the Scheme up to June 2027 is €370 million. This will be matched 50:50 by the participating banks, and will bring the projected total commitment to the scheme to €740 million. The First Home Scheme is a demand led Scheme and funds is drawn down as and when required.