Results 241-260 of 480 for rebuilding ireland home loan speaker:Eoghan Murphy

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Written Answers — Department of Housing, Planning, and Local Government: Home Loan Scheme (12 Feb 2019)

Eoghan Murphy: Rebuilding Ireland Home Loans are provided in accordance with the Housing (Rebuilding Ireland Home Loans) Regulations 2018 and the statutory credit policy issued in accordance with the Regulations. The Regulations and the credit policy stipulate that, subject to the maximum purchase price allowed, a maximum of 90% of the value of the property can be borrowed by approved applicants. In the...

Seanad: Housing: Statements (Resumed) (5 Feb 2019)

Eoghan Murphy: ...That is done at official level.Figures for emergency accommodation every month come from the different regions which themselves collect the information from local authorities. The Dublin Regional Homeless Executive is involved in compiling them. We have said that that data collection needs to be improved because it is not capturing enough information. When the Dublin Regional Homeless...

Written Answers — Department of Housing, Planning, and Local Government: Home Loan Scheme (5 Feb 2019)

Eoghan Murphy: The Rebuilding Ireland Home Loan is not, as a general rule, available to those in receipt of unemployment or other social welfare benefits. However, where there is a joint application and the primary income is of a waged or salaried nature, long-term State benefit payments may be considered. State benefit payments allowable are: - State Pension (Contributory); - State pension...

Written Answers — Department of Housing, Planning, and Local Government: Home Loan Scheme (5 Feb 2019)

Eoghan Murphy: The Rebuilding Ireland Home Loan launched on 1 February 2018. Prior to its launch, an initial tranche of €200 million of long-term fixed-rate finance was borrowed by the Housing Finance Agency to provide funds for the scheme to local authorities. When the Rebuilding Ireland Home Loan was initially being developed it was estimated that the drawdown of loans under the scheme would be...

Written Answers — Department of Housing, Planning, and Local Government: Home Loan Scheme (5 Feb 2019)

Eoghan Murphy: The Rebuilding Ireland Home Loan scheme was launched last year to replace the existing House Purchase and Home Choice Loan schemes. The scheme enables credit-worthy first-time buyers to access sustainable mortgage lending to purchase new or second-hand properties in a suitable price range, where they cannot obtain sufficient mortgage finance from a commercial lender. The regulations...

Written Answers — Department of Housing, Planning, and Local Government: Social and Affordable Housing (5 Feb 2019)

Eoghan Murphy: ...Miscellaneous Provisions) Act 2009 last year to provide a statutory basis for the delivery of affordable housing for purchase; regulations in relation to the scheme will be made shortly. In addition, a new Rebuilding Ireland Home Loan was introduced on 1 February 2018, under which home loans, at affordable, fixed rates over the term of the loan can be made available to credit worthy home...

Written Answers — Department of Housing, Planning, and Local Government: Home Loan Scheme (31 Jan 2019)

Eoghan Murphy: I propose to take Questions Nos. 258 and 259 together. My Department does not collect data in relation to the numbers of open applications for the Rebuilding Ireland Home Loan (RIHL) that are currently with local authorities. Data is collected by my Department on a quarterly basis from local authorities with regard to the overall number and value of (i) local authority loan approvals and...

Written Answers — Department of Housing, Planning, and Local Government: Home Loan Scheme (31 Jan 2019)

Eoghan Murphy: I propose to take Questions Nos. 260 and 261 together. The Housing Agency has indicated that it has four individuals working full time on applications for the Rebuilding Ireland Home Loan. The number assigned can be scaled up or down, depending on demand, to maintain a response time for returning recommendations to local authorities within 10-days. My Department does not hold details of the...

Seanad: Housing Provision: Statements (30 Jan 2019)

Eoghan Murphy: I will go with that. I thank the Chair. I came to the Seanad looking for solutions and positive contributions that might help in our ongoing work to fix the challenges we face in respect of our homelessness crisis and housing shortage. I thank all Members who provided positive contributions, suggestions or ideas for things that we could do. Some Members focused on the fact that there have...

Written Answers — Department of Housing, Planning, and Local Government: Social and Affordable Housing (29 Jan 2019)

Eoghan Murphy: ...Miscellaneous Provisions) Act 2009 last year to provide a statutory basis for the delivery of affordable housing for purchase; regulations in relation to the scheme will be made shortly. In addition, a new Rebuilding Ireland Home Loan was introduced on 1 February 2018, under which home loans, at affordable, fixed rates over the term of the loan can be made available to credit worthy home...

Written Answers — Department of Housing, Planning, and Local Government: Home Loan Scheme (29 Jan 2019)

Eoghan Murphy: The Rebuilding Ireland Home Loan launched on 1 February 2018. Prior to its launch, an initial tranche of €200 million of long-term fixed-rate finance was borrowed by the Housing Finance Agency to provide funds for the scheme to local authorities. When the Rebuilding Ireland Home Loan was initially being developed it was estimated that the drawdown of loans under the scheme would be...

Written Answers — Department of Housing, Planning, and Local Government: Home Loan Scheme (29 Jan 2019)

Eoghan Murphy: The Rebuilding Ireland Home Loan is designed to enable credit-worthy first-time buyers to access sustainable mortgage lending to purchase new or second-hand properties in a suitable price range. The scheme is targeted at first-time buyers who have access to an adequate deposit and have the capacity to repay a mortgage, but who are unable to access a mortgage sufficient for them to purchase...

Ceisteanna (Atógáil) - Questions (Resumed) - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Social and Affordable Housing Provision (15 Jan 2019)

Eoghan Murphy: ...provided across all local authorities, representing 74% of the overall 2018 annual target of 25,469. Within these overall numbers, the 2018 build target was for the delivery of 4,969 social housing homes, 2,369, or 48%, of which had been delivered by the end of quarter 3. My Department continued to work intensively with local authorities and approved housing bodies over the course of...

Written Answers — Department of Housing, Planning, and Local Government: Social and Affordable Housing Provision (15 Jan 2019)

Eoghan Murphy: ...commenced the relevant provisions of Part 5 of the Housing (Miscellaneous Provisions) Act 2009 last year to provide a statutory basis for the delivery of affordable housing for purchase. In addition, a new Rebuilding Ireland Home Loan was introduced on 1 February 2018, under which home loans, at affordable, fixed rates over the term of the loan can be made available to credit worthy home...

Written Answers — Department of Housing, Planning, and Local Government: Local Authority Housing Mortgages (15 Jan 2019)

Eoghan Murphy: The Rebuilding Ireland Home Loan scheme was launched in February to replace the existing House Purchase and the Home Choice Loan schemes. It has been established under the Housing (Rebuilding Ireland Home Loan) Regulations 2018, which also provide for the issuance of a statutory Credit Policy. The purpose of the Credit Policy is to set out in more detail the eligibility criteria for...

Written Answers — Department of Housing, Planning, and Local Government: Local Authority Housing Mortgages (15 Jan 2019)

Eoghan Murphy: The Rebuilding Ireland Home Loan is designed to enable credit worthy first-time buyers, who are unable to access a mortgage from a commercial lender to obtain sustainable mortgage lending to purchase a new or second-hand property. The low rate of fixed interest associated with the Rebuilding Ireland Home Loan provides first-time buyers with access to mortgage finance that they may not...

Written Answers — Department of Housing, Planning, and Local Government: Home Loan Scheme (15 Jan 2019)

Eoghan Murphy: The Rebuilding Ireland Home Loan is designed to enable credit worthy first-time buyers, who are unable to access a mortgage from a commercial lender to obtain sustainable mortgage lending to purchase a new or second-hand property. The low rate of fixed interest associated with the Rebuilding Ireland Home Loan provides first-time buyers with access to mortgage finance that they may not...

Written Answers — Department of Housing, Planning, and Local Government: Local Authority Housing Mortgages (15 Jan 2019)

Eoghan Murphy: My Department publishes information on the overall number and value of (i) local authority loan approvals and (ii) local authority loan drawdowns. Information up to Q3 2018, including in relation to number and value of mortgage drawdowns, is available on the Department's website at the following link: , and this information will be updated on a quarterly basis as additional data is compiled....

Written Answers — Department of Housing, Planning, and Local Government: Social and Affordable Housing Provision (15 Jan 2019)

Eoghan Murphy: ...of housing need. Harnessing the off-balance sheet potential of private investment in social housing is an important contributor to meeting this objective and the social housing targets set out in Rebuilding Ireland over the period to 2021 reflect the ambition in that regard. Of the 50,000 social housing homes to be delivered under Rebuilding Ireland, 10,000 will be leased by local...

Written Answers — Department of Housing, Planning, and Local Government: Local Authority Housing Mortgages (15 Jan 2019)

Eoghan Murphy: The Rebuilding Ireland Home Loan scheme was launched last year to replace the existing House Purchase and the Home Choice Loan schemes. It has been established under the Housing (Rebuilding Ireland Home Loan) Regulations 2018, which also provide for the issuance of a statutory Credit Policy. The purpose of the Credit Policy is to set out in more detail the eligibility criteria for obtaining a...