COMHAIRLE CONTAE ÁTHA CLIATH THEAS
SOUTH DUBLIN COUNTY COUNCIL

South Dublin County Council Crest

MEETING OF SOUTH DUBLIN COUNTY COUNCIL

Monday, February 14, 2022

HEADED ITEM NO. 14

HEADED ITEM: C. Performance and Change Management Directorate

RAISING OF LOANS FOR PUBLICLY FUNDED HOUSING - FOR APPROVAL

REPLY:

The Department of Housing, Local Government and Heritage has provided a Capital Allocation for house purchase and home improvement schemes in the sum of €15,290,000 for 2022.

The County Council is empowered to borrow from the Housing Finance Agency for the purpose of carrying out its functions under the Housing Acts.

Approval is now sought for authority to raise loans to a limit of €15,290,000 from the Housing Finance Agency plc for this allocation including the Rebuilding Ireland Home Loan (RIHL) and Local Authority Home Loan (LAHL) schemes.