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NAMA Social Housing Provision

Dáil Éireann Debate, Tuesday - 16 October 2012

Tuesday, 16 October 2012

Questions (222)

Tom Fleming

Question:

222. Deputy Tom Fleming asked the Minister for Finance the position regarding the 4000 properties identified by the National Assets Management Agency for social housing; the number of transactions that have taken place to date; the number of these properties that are in County Kerry; and if he will make a statement on the matter. [44795/12]

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Written answers

I am advised by the National Asset Management Agency (NAMA) that it has now identified approximately 3,800 units as being available through its debtors and receivers and potentially suitable for social housing. Of those that have been examined to date by approved housing bodies, demand has been confirmed for over 1,500 units which are currently being progressed. Transactions have been completed in respect of 133 properties, with a further 400 under advanced negotiation. The Agency further advises that 438 houses and apartments have been deemed unsuitable by housing bodies for reasons including the avoidance of undue segregation and a further 542 have been withdrawn by the property owners as, in the timeframe involved in the assessment of units, houses and apartments have been sold or let privately. Of the units that remain available and are currently being considered for suitability by the Housing Associations, 90 are located in County Kerry.

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