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Senator Fiona O’Loughlin
Fianna Fáil Senator Fiona O’Loughlin welcomed the announcement by Housing, Local Government and Heritage Minister Darragh O’Brien of a new program of housing loans to local communities. This announcement will see the income limit for a single candidate increase from € 15,000 to € 65,000 in Kildare.
Senator O’Loughlin said she was “satisfied” to see Kildare included in the expansion of the program, adding that supporting homeownership is a “key objective for this government”.
“In Housing for All, our new plan for housing in Ireland, we as a government and as a party committed to introduce a reformed local authority mortgage loan scheme to further support access to housing. property for creditworthy buyers who otherwise have difficulty accessing sufficient financing. ,” she said.
“I am pleased to be informed by the Minister that the new regulations will make it easier for single people to benefit from a mortgage loan guaranteed by the State for a new, used or build-your-own home. I believe that the “fresh start” principle, which we have been discussing within the party for some time, will expand the opportunities for people who are divorced or separated and who have no interest in the family home, or who have made it up. subject of insolvency proceedings.
“This is a very welcome announcement for us in South Kildare as Minister O’Brien is now raising the income limit for a single applicant from € 15,000 to € 65,000 in Kildare. This is in addition to the improvements that were made to the program last September. “
The Kildare politician added that every week she spoke to would be homeowners who have good jobs, good incomes and good credit, “but due to the limits on bank loans, they can’t set foot on the property ladder so I’m happy to see Minister O’Brien listening to my calls and taking action on it.