Mortgage Allowance Expenditure

QUESTION

To ask the Minister for Housing; Planning and Local Government the amount spent on the mortgage allowance per annum since its inception until its disestablishment; the number of units provided per annum through that period in tabular form; and if he will make a statement on the matter.

REPLY

The Mortgage Allowance scheme provides for an allowance of up to €11,450 payable over a 5 year period, to tenants or tenant purchasers of local authority housing, to assist them to purchase or have a private house built with a mortgage.  New applications are still being accepted by local authorities under the scheme.

The amount spent on the scheme, and the number of housing units supported, are as follows: