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Government ignoring local authority loans crisis – Stanley

9 February, 2012 - by Brian Stanley TD

The Sinn Féin spokesperson on the environment, community and local government Brian Stanley TD has accused the government of ignoring the local authority loans crisis.

Speaking in the Dáil Deputy Stanley said:

“Fine Gael and Labour have failed to keep their election promises and failed to implement their own Programme for Government. Not twelve months ago both Fine Gael and Labour had promised to provide mortgage relief for struggling households. We are now faced with a crisis situation whereby four out of ten home owners with local authority loans are in serious mortgage arrears.

“The government has failed to tackle this issue. This is my fourth time raising the issue in the Dáil and each time the Taoiseach, Tánaiste and now Minister Burton have all sat on their hands and simply wished the problem away. That is simply unacceptable. Families have lost their homes and more are threatened with eviction. We need an immediate action based response.

“We have had the Keane Report, election promises and programmes for government but what we have not had is action. I am urging the government to include local authority loans in the forthcoming Personal Insolvency Bill.”

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