Dáil Éireann Debate, Wednesday - 10 July 2024
134. Deputy Jim O'Callaghan asked the Minister for Housing, Local Government and Heritage the number of homes in each local authority supported under the first home scheme since its introduction in 2022, in tabular form; and if he will make a statement on the matter. [30125/24]
View answerThe First Home Scheme, which launched in July 2022, is a shared equity scheme designed to help bridge the gap between a purchaser’s deposit and mortgage, and the price of their new home, for eligible first-time buyers, Fresh Start applicants and those who wish to build their first home. The Scheme was expanded on 17th April 2023 to include the Tenant Home Purchase Product, enabling tenants who have received a notice of termination to buy the home they were renting, subject to the other terms and conditions of the First Home Scheme.The First Home Scheme Designated Activity Company is responsible for the operation and management of the First Home Scheme on behalf of its shareholders - the State, Allied Irish Bank, Bank of Ireland and Permanent TSB and, as such, is responsible for First Home Scheme reporting.
Quarterly and annual updates are made available on the First Home Scheme website. The most recent report, that of Q1 2024, is available at the following link: www.firsthomescheme.ie/media/5i0f2bd0/2024-q1-update.pdf.
Furthermore, the First Home 2023 Annual Report, including information in relation to the number of homes in each local authority area supported under the scheme, is available here: www.firsthomescheme.ie/media/05cl52ij/fhs-annual-report-20232.pdf.
My Department also publishes quarterly data on overall affordable housing provision, with the delivery figures for First Home broken down by Local Authority area, available at the following link: www.gov.ie/en/collection/6060e-overall-social-housing-provision/.
