Thursday, 17 April 2014

Questions (60)

Joe Higgins

Question:

60. Deputy Joe Higgins asked the Minister for Finance when the National Asset Management Agency will be transferring the allocated properties at Clare Village, Malahide Road, to Túath Housing. [18306/14]

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Written answers (Question to Finance)

I am advised by NAMA that the process of acquiring these properties by NARPS, the special purpose company established by NAMA to facilitate the long-term leasing of houses and apartments by Approved Housing Bodies, is ongoing. Once NARPS has acquired the properties, it will immediately facilitate their onward leasing to Túath. NAMA advises that it expects the properties to be made available to Tuath within the next three months.