The primary function of HBFI is to lend money for the purpose of funding residential development in the State, provided such lending is on commercial terms.
HBFI in lending money shall
- Take into account all of the risk factors relevant to such lending, both in respect of the residential development concerned and the business of HBFI; and
- Aim to -
- contribute to the economic and social development of the State having regard to Government policy in the area of housing, and
- enhance the competitiveness of the economy of the State.