Since December 2011, my Department and the Housing Agency have been engaged with NAMA in 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.
In the area of Galway City Council, 203 units have been identified as potentially suitable for social housing, of which demand has been confirmed for 202 units by the City Council. Of these, 131 have been delivered to the end of September 2015.
In the Galway County Council area, 135 units were identified as potentially suitable, of which the County Council has confirmed demand for 40 units. Of these, 24 have been delivered to the end of September 2015.
In the Mayo County Council area, 75 units were identified as potentially suitable, with the Council confirming demand for 31 units. Delivery in respect of those units is progressing.
