Housing Minister Darragh O’Brien has announced he will propose to extend the First Home Scheme for a further five years.
The scheme is a shared equity programme where the government and participating banks pay up to 30% of the cost of your new home in return for a stake in the home., Mr O’ Brien said his proposal to extend the scheme for a further five years will “help thousands more to bridge the gap to buy their first home”.He said he is also seeking to expand the Fresh Start principle, which helps people who were recently divorced or separated receive Government-backed mortgages.
The Planning and Development Bill 2023 was published last November and hopes to improve consistency and alignment throughout all tiers of planning.Mr O’Brien claimed “more homes are being built and more homes are being bought than any time in a generation” in his Ard Fheis speech. “There is a stark and clear choice in the upcoming elections. A choice between real progress and solutions or scrapping supports for home ownership and jeopardising the increase in home building.”He accused Sinn Féin of only “exploiting problems, not solving them” when it comes to housing.
Darragh O' Brien Fianna Fáil First Home Scheme Housing
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