National Mortgage and Housing Corporation Bill 2015

Public bill · Private Member · Introduced

The proposal would create a state-backed National Mortgage and Housing Corporation to make housing finance cheaper and more widely available, support mortgage lending and help stabilise Ireland’s property market. It could buy and combine mortgages from lenders, issue mortgage-backed investments and use its fees and profits to fund affordable housing and help lower-income households buy homes. Government backing would provide access to cheaper funding, but the corporation would have safeguards intended to limit taxpayers’ exposure.

Formal long title

Bill entitled an Act to create the National Mortgage and Housing Corporation for the purposes of ensuring fair access to home ownership, address accommodation shortage and ensure the smooth operation of the property sector in Ireland

Last updated 12 April 2018