COMHAIRLE CONTAE ÁTHA CLIATH THEAS
SOUTH DUBLIN COUNTY COUNCIL

MEETING OF SOUTH DUBLIN COUNTY COUNCIL

Monday, June 11, 2018

QUESTION NO.7

QUESTION: Councillor K. Mahon

Can the manager please report on the uptake on the recently announced Rebuilding Ireland Home loan. How many applications have been received? How many meet the required criteria and how much funding has been drawn down since the scheme began?

REPLY:

South Dublin County Council has received 132 valid applications for the new Rebuilding Ireland Home Loan May 2018.  The Housing Agency underwriter and South Dublin County Council's Credit Committee have granted approval in principle to 13 applications.

No loan has been drawn down to date.  However, applicants approved in principle for the loan have six months to draw down the loan.