Proposals for government-backed home loan for people looking to purchase vacant properties will go to Cabinet 

Housing Minister Darragh O'Brien is seeking approval for the extension of the Local Authority Home Loan to people seeking to finance the purchase and renovation of derelict or non-habitable properties. Picture: Sam Boal/ RollingNews.ie

Proposals for a new government-backed home loan for people looking to purchase vacant properties will go to Cabinet today.

Housing Minister Darragh O'Brien is seeking approval for the extension of the Local Authority Home Loan to people seeking to finance the purchase and renovation of derelict or non-habitable properties.