• Category 2 Certified Body Lending


    Borrowers:

    Tier 2 AHBs or Tier 3 AHBs which are not currently approved Certified Bodies.


    Size:

    Minimum €250,000 per transaction up to an aggregate maximum of €1,500,000.


    Purpose:

    Property acquisition for the provision of social housing.


    Documentation:

    A Facility Agreement will be completed for each transaction, post approval and prior to drawdown. A mandated bank account will be required.


    Project Application Form:

    Application only accepted with specific project loan requests.

    Download/Save AHB Individual Loan Application Form


    Accompanying Information:

    * Most recent annual report

    * Evidence of AHB status

    * Current tax clearance certificate

    * Confirmation of adherence to the Voluntary Regulation Code


    Tenor:

    Maximum 30 years.


    Current Pricing:

    * Variable: 3 month Euribor + 2.75% p.a.

    * 10 Year Fixed: 2.50% p.a. reverting to variable thereafter.


    Conditions Precedent:

    * Payment and Availability Agreement

    * Continuation Agreement


    Contact:

    Email directlending@hfa.ie or call Maria O'Reilly or Sean Cremen at 01-8725722.



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