Public Consultation on access to finance for residential development and the role of Home Building Finance Ireland (HBFI) under Section 24 of the Home Building Finance Ireland Act 2018 (the "Act").

The Department of Finance invites interested parties to make submissions in relation to access to finance for residential development and the role of Home Building Finance Ireland (HBFI) under Section 24 of the Home Building Finance Ireland Act 2018 (the "Act").

In accordance with Section 24(3)(b) of the HBFI Act, the Minister for Finance is required to engage in a period of public consultation in order to assess the amount of money being made available for the purposes of residential development in the State from sources other than HBFI.

The HBFI Act 2018 provides for a periodic review of HBFI to ensure that it is fulfilling its functions as set out in the Act and that its continuation remains necessary given prevailing market conditions.

As part of the review of HBFI, the Department of Finance would like to invite interested parties to make submissions in order to assess the amount of money being made available for the purposes of residential development in the State from sources other than HBFI. In responding to this consultation, parties are invited to provide responses to specific questions set out in the document linked below, as well as any additional relevant information.

The consultation period will run until 5pm, 31st January 2025.

The preferred means of response is by email to:

hbfi@finance.gov.ie

Alternatively, you may respond by post to:

HBFI Review – Public Consultation,

Shareholding and Financial Advisory Division,

Department of Finance,

Block 1,

Miesian Plaza,

50 – 58 Lower Baggot Street,

Dublin,

D02 XW14

Please include contact details in your response.

When responding, please indicate whether you are contributing to the consultation process as a professional adviser, representative body, business representative or member of the public.

Responses to this consultation are subject to the provisions of the Freedom of Information Act 2014. Parties should also note that responses to the consultation may be published on the Department’s website. Parties should clearly indicate where their responses contain personal information, commercially sensitive information or confidential information which they would not wish to be released under FOI or published.