I propose to take Question Nos. 122 and 123 together.
To the end of November 2012, 133 housing units have been provided from the portfolio of units identified by NAMA. Of these units 49 are funded under leasing arrangements with the balance of units delivered (84) purchased with funds from the local authority social housing capital investment programme or by Approved Housing Bodies under the Capital Assistance Scheme. A further 24 were the subject of a private sale with Cluid Housing Association.
Since December 2011 NAMA has identified over 3,800 properties as being potentially available for social housing. The Local Authorities and the Housing Agency are working systematically with NAMA to determine if there is a social housing demand for properties identified as potentially suitable for social housing, including the need for accommodation for those who are homeless. Where a demand is identified this information is provided to NAMA and efforts are made to secure as many of the suitable properties as possible for social housing. This will continue to be my Department's objective in 2013, to maximise the delivery of social housing using all of the resources available. Leasing offers us the most effective and efficient way of doing this more generally, taking account of not just the availability of resources but also market conditions and the need for a broader range of more flexible delivery mechanisms than the traditional methods of social housing provision.