Housing
State and banks to top up First Home Scheme with €80m
Darragh O’Brien said the scheme that bridges the gap between home prices and what people can afford will also be extended
Darragh O’Brien, the minister for housing, has secured government approval for an extra €80 million in funding for the First Home Scheme.
The scheme, which was established in 2022, involves the state providing up to 30 per cent of the market value of a home to a buyer of a new-build. The government funded the scheme with €400 million to buyers to be paid to prospective homeowners between 2021 and 2026.
O’Brien has now confirmed ...