Dáil Éireann debate -
Tuesday, 15 Nov 1994

Vol. 447 No. 1

Ceisteanna—Questions. Written Answers. - Shared Ownership Scheme.

Eric J. Byrne

Question:

206 Mr. E. Byrne asked the Minister for the Environment if he intends to allow local authorities who have administered the shared ownership scheme to facilitate those house purchasers using the scheme who wish to buy out their rental portion in advance of completing their mortgage portion repayments; and if he will make a statement on the matter. [3490/94]

Minister of State at the Department of the Environment (Mr. Stagg)

The question of loans being advanced by local authorities to facilitate, in the case of shared ownership houses, the buying out of additional tranches of equity is among the matters being examined in the context of the current review of the schemes introduced under A Plan for Social Housing.