250. Deputy Michael McGrath asked the Minister for Finance in relation to the announcement by the Ireland Strategic Investment Fund of a €500 million home building finance joint venture with an investment firm (details supplied), the amount that has been drawn down to date; the number of housing units which will be constructed as a result of the drawdown to date; the average interest rate which applies to the loans drawn down to date; when he expects the funding to be fully drawn down; and if he will make a statement on the matter. [33159/15]

Summary

250. Deputy Michael McGrath asked the Minister for Finance in relation to the announcement by the Ireland Strategic Investment Fund of a €500 million home building finance joint venture with an investment firm (details supplied), the amount that has been drawn down to date; the number of housing units which will be constructed as a result of the drawdown to date; the average interest rate which applies to the loans drawn down to date; when he expects the funding to be fully drawn down; and if he will make a statement on the matter. [33159/15]

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• Departmental Agencies Expenditure

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