Fianna Fáil Senator for Monaghan, Robbie Gallagher, has welcomed news that Cavan and Monaghan are among 17 local authorities across Ireland to benefit from the extension of the First Home Scheme.
The extension, announced following a recent review, will allow more buyers in both counties to benefit from the Scheme.
The First Home Scheme supports first-time buyers in bridging the gap between their mortgage, deposit and the price of a new home, and forms a key part of the Government's Housing for All strategy.
The changes, which took effect from 1 January, increase the price ceiling in Cavan and Monaghan by €25,000 to €375,000.
Speaking to Northern Sound, Senator Gallagher says that raising the ceiling of the First Home Scheme means that more first-time buyers across Cavan and Monaghan will now be able to benefit from it.
He says it "cannot be overstated" how transformational this support can be for individuals and families:
