Skip to main content
Normal View

NAMA Operations

Dáil Éireann Debate, Thursday - 5 November 2015

Thursday, 5 November 2015

Questions (37)

Mick Wallace

Question:

37. Deputy Mick Wallace asked the Minister for the Environment, Community and Local Government the number of social housing units that have been delivered by the National Asset Management Agency to date, the number he expects the agency to deliver between now and the end of 2018; and if he will make a statement on the matter. [37494/15]

View answer

Written answers

Since December 2011, my Department and the Housing Agency have been engaged with NAMA identifying properties that might potentially be suitable for social housing purposes. More detailed information on this engagement, including a breakdown of units delivered by local authority is available on the website of the Housing Agency at www.housing.ie/NAMA.

Since the process began, up to end of September 2015, a total of 1,600 NAMA residential properties have been delivered for social housing use, comprising of 1,241 completed properties and a further 359 contracted where completion work is on-going. A further 486 properties are considered as being active transactions whereby terms are agreed or active negotiation is on-going by all parties concerned or where a detailed appraisal is being carried out. An additional 440 properties are to be further appraised. I expect that this process, once complete, will deliver in excess of 2,000 units for social housing purposes in total.

Top
Share