595. Deputy Aodhán Ó Ríordáin asked the Minister for Housing, Local Government and Heritage if his attention has been drawn to the fact that applicants for the Rebuilding Ireland home loan whose loans have already been approved are being prevented from drawing down the loan if their employer is availing of the EWSS and that they are required to be off the scheme for three months before drawdown; if under current Rebuilding Ireland home loan rules, the extension of the EWSS until December 2021 would mean a person approved for a loan in March 2020 whose employer subsequently availed of the wage subsidy scheme would not be entitled to draw down their funds until March 2022 leaving two full calendar years after approval; and if he has considered removing the three month waiting period or removing the blanket EWSS prohibition in order to support applicants, in view of the fact that an employee has no control over their employer’s decision to place them on the scheme and in circumstances in which all other criteria are fulfilled. [32689/20]

Summary

595. Deputy Aodhán Ó Ríordáin asked the Minister for Housing, Local Government and Heritage if his attention has been drawn to the fact that applicants for the Rebuilding Ireland home loan whose loans have already been approved are being prevented from drawing down the loan if their employer is availing of the EWSS and that they are required to be off the scheme for three months before drawdown; if under current Rebuilding Ireland home loan rules, the extension of the EWSS until December 2021 would mean a person approved for a loan in March 2020 whose employer subsequently availed of the wage subsidy scheme would not be entitled to draw down their funds until March 2022 leaving two full calendar years after approval; and if he has considered removing the three month waiting period or removing the blanket EWSS prohibition in order to support applicants, in view of the fact that an employee has no control over their employer’s decision to place them on the scheme and in circumstances in which all other criteria are fulfilled. [32689/20]

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• Home Loan Scheme

  xml · EN · 3 November 2020

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