DARRAGH O'BRIEN TD
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Housing, Planning and Local Government PQ's

Value of loans issued by Home Building Ireland Finance to date

21/5/2019

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______________________________________________
For Written Answer on : 21/05/2019
Question Number(s): 151 Question Reference(s): 21529/19
Department: Finance
Asked by: Darragh O'Brien T.D.
______________________________________________


QUESTION

To ask the Minister for Finance the value of loans issued by Home Building Ireland Finance to date; the number of homes anticipated from the loans; and if he will make a statement on the matter.
REPLY



Home Building Finance Ireland (HBFI) was established in December 2018 to lend money to small and medium sized builders and developers for commercially viable residential developments, particularly those situated outside the State's major urban centres. HBFI has been provided with access to €750 million of funding from the Irish Strategic Investment fund, with which it is expected to facilitate the delivery of  7,500 units over the next five years.

Since its formal launch at the end of January, HBFI has engaged actively with small and medium sized builders and developers throughout the country through a range of market awareness raising initiatives.   HBFI continues to benefit from a strong pipeline of interest from prospective borrowers as a result of these engagement activities. The drawdown of funds relating to the first facilitates approved is expected to take place shortly with HBFI having approved a number of additional facilities since April.

As indicated in my response of 18th April, HBFI will be in a position to publish information on its lending activities on a half-yearly basis with the first such report to be published in July 2019.
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Darragh O'Brien TD


Address

Darragh O'Brien TD
Leinster House
Kildare Street
Dublin 2

Telephone

T:  01-6183802

Email

At present, and as a result of the COVID-19 pandemic, I am not holding my regular meetings across our towns and villages in North County Dublin. However, both I and my office are happy to speak to you and assist you with any issues you may have.

For all housing, planning or heritage related queries please don’t hesitate to contact:
Email: minister@housing.gov.ie
Phone: 01-8882000
Postal address: Department of Housing, Local Government and Heritage, Custom House, Dublin 1, D01 W6X0
 
For all constituency related queries please don’t hesitate to contact:
Email: Darragh.obrien@oireachtas.ie
Phone: 01-6183802
Postal address: Dáil Éireann, Leinster House, Kildare Street, Dublin 2.
 



  • HOME
  • About Darragh
  • News
  • Parliamentary Questions
    • Housing, Planning & Local Government PQ's
    • School PQs
    • Foreign Affairs PQS
    • Oral Questions
  • Newsletters
  • Videos
  • PHOTOS
  • FIANNA FAIL
  • CONTACT
  • DATA Protection Statement