Local Housing Authority Schemes (Leaving Cert Home Economics): Flashcards

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Local Housing Authority Schemes
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What does HAP stand for?

Housing Assistance Payment

HAP purpose

Helps people on housing lists afford private rental accommodation

HAP eligibility requirements

Listed on housing list & unable to afford full private rental costs

HAP payment method

Local authority pays landlord directly on tenant's behalf

Mortgage Allowance Scheme purpose

Helps social housing tenants transition to home ownership

Mortgage Allowance Scheme duration

Five-year period

Mortgage Allowance eligibility

Current local authority tenants receiving social housing support

Rebuilding Ireland target group

First-time buyers refused or underfunded by banks

Rebuilding Ireland loan term

25-30 year periods

Rebuilding Ireland interest rate type

Fixed interest rates

Tenant Purchase Scheme definition

Allows long-term local authority tenants to buy their homes at discounted prices

Tenant Purchase discount based on

Years of tenancy (longer tenancy = greater discount)

Tenant Purchase eligibility

Current local authority tenant with period of tenancy

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