The Government’s help to buy scheme will be extended “in its current form” for another two years in a bid to provide “certainty” to people struggling to afford to buy homes across the country.
Finance Minister Paschal Donohoe revealed the decision in his Budget 2020 speech to the Dáil this afternoon, saying “I am extending the scheme in its current form for two years until 2021”.
Budget 2020 at a glance – housing: Homelessness budget up €20m to €166m 11,000 new social homes in 2020 and 12,000 in 2021 €80m for HAP €2m to ensure rent pressure zones are adhered to Help to buy scheme extended until Dec 2021 commercial stamp duty up 1.5% tonight
In his comments on the housing sector, Mr Donohoe said he is increasing the homelessness budget by €20m, housing assistance payment by €80m and committed to building 11,000 new social houses next year and 12,000
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