Darragh O'Brien accused of misleading Dáil over shared equity scheme

Parties say minister gave the impression that the shared equity scheme had been approved by the Central Bank, but the bank has said it is still considering it

Darragh O'Brien said that work on the design of the shared equity scheme, which could allow the Government to offer equity loans of up to 30% on new-build homes under €400,000, is at an "advanced stage". Photo: Artur Widak/NurPhoto

The Housing Minister has been accused of misleading the Dáil on his controversial shared equity scheme.

Sinn Féin and the Social Democrats have hit out at Darragh O'Brien for creating the impression that the shared equity scheme, which is a key pillar of the new Housing for All plan, had been approved by the Central Bank.