Dáil Éireann Debate, Thursday - 11 April 2024
40. Deputy Jackie Cahill asked the Minister for Housing, Local Government and Heritage how many first time-buyers have been successfully applied under the first home scheme since 2020; and if he will make a statement on the matter. [14274/24]
View answer73. Deputy Seán Haughey asked the Minister for Housing, Local Government and Heritage how many first home scheme approvals have issued since its launch in July 2022; and if he will make a statement on the matter. [15668/24]
View answerI propose to take Questions Nos. 40 and 73 together.
The First Home Scheme, launched on 7 July 2022, supports first-time buyers in purchasing new houses and apartments in the private market, or building their own home, through the use of an equity share model. Full details of the First Home Scheme are available at: www.firsthomescheme.ie.
The Scheme is overseen and managed by the First Home Scheme Ireland Designated Activity Company (First Home DAC), on behalf of scheme founders (the State and participating mortgage lenders). This body is responsible for collating and issuing statistical information as it pertains to the scheme. The First Home DAC has published its Q4 2023 Public Update covering the period from 7 July 2022 to 31 December 2023, which can be found on its website at: www.firsthomescheme.ie/about-the-company/quarterly-updates/.
