308 Deputy Pearse Doherty asked the Minister for the Environment, Community and Local Government with respect to the pilot mortgage to rent scheme currently under way with an organisation (details supplied), if he will confirm the number of units involved in this scheme; the participating bank in the scheme; the details of the funding arrangements between him and the organisation; the total cost to the Exchequer arising from this pilot; if the funding for this pilot and its future expansion will come from the existing capital allocation for social housing as outlined in budget 2012 or from additional resources to be made available specifically to address the mortgage crisis; if he has an estimate of the expenditure on this scheme if and when it is rolled out beyond the initial pilot; the terms agreed between the bank and original mortgage holder on that portion of the original mortgage not covered by the purchase agreement between the bank and the organisation; and if he will make a statement on the matter. [6282/12]

Summary

308 Deputy Pearse Doherty asked the Minister for the Environment, Community and Local Government with respect to the pilot mortgage to rent scheme currently under way with an organisation (details supplied), if he will confirm the number of units involved in this scheme; the participating bank in the scheme; the details of the funding arrangements between him and the organisation; the total cost to the Exchequer arising from this pilot; if the funding for this pilot and its future expansion will come from the existing capital allocation for social housing as outlined in budget 2012 or from additional resources to be made available specifically to address the mortgage crisis; if he has an estimate of the expenditure on this scheme if and when it is rolled out beyond the initial pilot; the terms agreed between the bank and original mortgage holder on that portion of the original mortgage not covered by the purchase agreement between the bank and the organisation; and if he will make a statement on the matter. [6282/12]

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Timeline

1. 7 February 2012

   Social and Affordable Housing

   308 Deputy Pearse Doherty asked the Minister for the Environment, Community and Local Government with respect to the pilot mortgage to rent scheme currently under way with an organisation (details supplied), if he will confirm the number of units involved in this scheme; the participating bank in the scheme; the details of the funding arrangements between him and the organisation; the total cost to the Exchequer arising from this pilot; if the funding for this pilot and its future expansion will come from the existing capital allocation for social housing as outlined in budget 2012 or from additional resources to be made available specifically to address the mortgage crisis; if he has an estimate of the expenditure on this scheme if and when it is rolled out beyond the initial pilot; the terms agreed between the bank and original mortgage holder on that portion of the original mortgage not covered by the purchase agreement between the bank and the organisation; and if he will make a statement on the matter. [6282/12]

   Source: written

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• Social and Affordable Housing

  xml · EN · 7 February 2012

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• Pearse Doherty · Asking member
• Minister for the Environment, Community and Local Government · Minister for the Environment, Community and Local Government · Addressed to

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