Housing Minister Denies That A Government Backed Mortgage Fund Has Been Frozen
Over half of the 200 million euro Rebuilding Ireland Home Loan fund has already been drawn down
The Rebuilding Ireland Home Loan scheme allows first time buyers who have been turned down by the banks, to apply for a mortgage from their local authority.
Over half of the 200 million euro fund has already been drawn down, just one year into the three year scheme.
The Department of Housing yesterday stated that more funding would be needed if the scheme is to continue.
Minister Eoghan Murphy has told Senator Darragh O'Brien that local authorities have not been ordered to stop accepting applications.
More from Cork
-
Lord Mayor Of City Felt Privileged To Represent Cork During Such A Difficult Time As He Faces Into Last Month In Office
Councillor Joe Kavanagh will be handing over the mayoral chains outside of City Hall for the first time ever on June 18th due to the pandemic
-
Expert calls for people to reduce meat intake
Eating too much meat can increase the risk of serious illnesses by as much as 30%.
-
International Care Day Is Being Celebrated At The Bessborough Centre In Blackrock Today
The event highlights the positive impact of the experience of young people in care
-
UPDATE: Teenage Girl Killed And Three Teenage Boys Injured In Knocknaheeny Crash
It's understood the teenage driver of the car fled the scene on foot
-
Angry Farmers To Stage Protest Outside Aldi in Mitchelstown Later
They're appealing to retailers to come to the talks table
-
UPDATE: Toddler Who Was Injured At Her Home On The Boreenmanna Road Has Died
The two year-old was rushed to hospital with traumatic head injuries