Cllr William Carey has welcomed news that the 16 families that have qualified for South Dublin County Council (SDCC) pilot affordable purchase scheme at Kilcarberry Grange will finally be able to draw down their home loans. In June 2022 Minister Darragh O’Brien announced the affordable purchase scheme had failed to put in place an agreement with the banking federation to approve loans for the scheme. Unfortunately this led directly to families being unable to conclude their house purchase after they had been offered their homes by South Dublin County Council.
At a recent meeting of SDCC full council meeting Councillors were informed that after a protracted delay an agreement with Irish banks is to be confirmed and that the paperwork confirming the scheme will be put in place. South Dublin Councillors were discussing the proposal before them that sets out the criteria for people to qualify for the scheme which includes retaining 30% of these for people with a local connection to South Dublin.
Cllr Carey said, “this has been very stressful for some of these families who felt they were left in limbo during the summer and unable to complete the purchase of their new homes. The good news for these families is that they can look forward to being in their new home before Christmas, provided the agreement is concluded.
Cllr Carey added by saying that it is imperative that this agreement with the banks be concluded immediately and looked forward to this taking place.
