New loan approved by Donegal County Council to help first time buyers

Donegal County Council has approved a loan of €2 million to assist first time buyers.

The money will help those looking to get on the property ladder who are unable to obtain a loan from private lending agencies to purchase a new or second-hand property or to build their own home.

Councillor Martin Harley, says while the funding will go some way in addressing the need for housing in the county, match-funding must be provided by Government:

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