Home Building Finance Ireland
Home Building Finance Ireland (HBFI) is a private company formed under the Companies Act 2014 and the Home Building Finance Ireland Act 2018. HBFI is wholly owned by the Minister for Finance and has been established for the purpose of funding the construction of new homes in Ireland. It is a commercial entity, providing finance at market rates for commercially viable residential developments.
It is intended that HBFI will supplement rather than compete with existing residential development lenders. HBFI will play an important role in the provision of funding to borrowers who may, for example, be experiencing difficulty in securing such funding from banks or other alternative funders for commercially viable residential developments. HBFI is now accepting applications from qualifying entities.
More information is available on the HBFI website.