, which had access to an internal document from the Department of Housing, released under Freedom of Information, further approvals are not being issued for the Rebuilding Ireland home loan.
O’Brien said the Minister needs to give certainty to the people who have applied, who meet the criteria, but have not yet been approved for the loan.“This is about planning.” The proper response for the Government should be to provide more affordable housing on State land. “We need more supply and that’s not going to be fixed with low interest loans.”
He said that the Department of Housing should have been monitoring the level of applications for the scheme which had a fund of €200million which was to be disbursed over three years. However, he said he understood that €107million has been allocated to date.
Uh oh ! another FG minister in trouble. Will it be a protest outside his house ? Will it be a letter containing a white powder ? Or a resurrection of Tuam babies story, an attack on the Church....
ryan_toon not affecting thon ISA 👀 whosstartin
So .MurphyEoghan how many people wasted months of their lives applying for this when they had zero chance of being approved? This is a serious breach of trust and yet another utterly incredible display of incompetence.
National Housing Bank Solution - Leverage 'Ethical' funds - VulturesOut ▪️Rescue distressed mortgage holders. ▪️Provide first-time buyer mortgage credit at 1% to 2%. Not a New Idea, ACC funded Agri 1927 to 2002 ICC funded Industry 1933 to 2001 Proposal