Fine Gael launched its housing policy in Dublin on Monday, which promised the delivery of over 300,000 homes over the course of a five-year stint in Government
Fine Gael has said that housing supports for first-time buyers will be a “red line” for the party when forming a coalition.
The party will expand the First Home Scheme to first-time buyers buying second-hand homes and increase the amount of tax that can be claimed back through the Help to Buy scheme from €30,000 to €40,000.READ MORE: Simon Harris says Michael O'Leary will have no further part in election campaign after teacher comment
Mr Harris said: “We will not go into government in any scenario where the rug is pulled from under first-time buyers. Not doing it, not interested, won't be happening. We're going to extend the Help to Buy scheme, and we're going to extend the First Home Scheme, and we're also going to make changes to those schemes.
Fine Gael said it will allocate €40 billion to the Housing Capital Programme to 2030, of which €10 billion will come from proceeds of the Apple judgement. This will include allocating money to the First Home Scheme and “other affordable schemes”.
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