The Government and the Strategic Banking Corporation of Ireland have been engaging with the EIB on the guarantee structure. It is understood that a number of banks and credit unions have submitted formal expressions of interest to participate in the scheme as lenders.A spokesman for the Department of the Environment said “significant progress” had been made to date in identifying lenders.
The Government is hoping that the introduction of lower-cost loans will help to build on retrofit targets needed to help Ireland achieve its climate goals.
How about low cost loans for renters looking to buy? Why are home owners always coddled?
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