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Banking industry welcomes announcement on affordable housing shared equity scheme

14th October 2020

Banking & Payments Federation Ireland (BPFI) and its member banks have today welcomed the announcement by the Department of Housing of a new affordable housing shared equity scheme.

The banking sector looks forward to working in partnership with the Government on the development   of this new scheme. And while the details have yet to be finalised, we will continue to work closely and engage with all the relevant stakeholders on the terms, product design and the operational details of the scheme, which will then be subject to internal bank governance.

Contact: Jillian Heffernan, Head of Communications, 087 9016880 or jillian.heffernan@bpfi.ie

Notes: Banking & Payments Federation Ireland (BPFI) represents the banking, payments and fintech sector in Ireland.  Together with its affiliates, the Federation of International Banks in Ireland, and the Fintech & Payments Association of Ireland, BPFI has some 100 member institutions and associates, including licensed domestic and foreign banks and institutions operating in the financial marketplace here.

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