Housing Finance Agency, Ireland

May 10, 2022 | Organizations

Organization NameHousing Finance Agency, Ireland
Organization HQ CountryIreland
Organization Websitehttp://www.hfa.ie
Organisation DescriptionEstablished as a state-owned company in 1982, the Housing Finance Agency provides loan finance to local authorities, voluntary housing bodies and higher education institutions for housing and related purposes. The HFA maintains a broad funding base, raising finance on the domestic and international capital markets in structures and at costs that reflect its customers’ requirements. The HFA has a long-term fixed rate finance arranged with the National Treasury Management Agency (NTMA), European Investment Bank (EIB) and Council of Europe Development Bank (CEB). New loan drawdowns were arranged with the EIB and CEB during 2020, using the HFA’s secure position and long track-record to secure very competitive interest rates. The Housing Finance Agency is in a position to accept applications from Approved Housing Bodies who meet the following minimum criteria to apply for Certified Body status, prior to applying directly for funding: • Evidence of at least three years' operation of projects under the Capital Loan & Subsidy Scheme • Acceptable legal form (company, co-operative, society) • Three years' audited financial statements • Current Tax Clearance Certificate • In addition, the body will, subsequent to being deemed a Certified Body, be required to establish a properly mandated bank account and sign a Master Loan Agreement (MLA) with the HFA. Between 2016 and 2019 the number of adults in Ireland who were registered homeless grew from 3,885 to 6,363. A €150 million CEB loan t
TypologyGovernmental

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