Dáil Éireann Debate, Tuesday - 20 February 2018
131. Deputy Jackie Cahill asked the Minister for Finance if an audit of the number of residential properties now in the ownership of a bank (details supplied) will be carried out by his Department; the plans the bank has to place those properties on the market to help ease the housing shortage; and if he will make a statement on the matter. [8065/18]
View answerAIB had 690 Residential Properties held as Mortgagee In Possession at year end 2017. AIB has worked in collaboration with the Housing Agency throughout 2017 to make all suitable residential assets available for purchase directly by the Housing Agency. At year end a total of 771 properties were offered with 260 of these sold. AIB will continue with this project in 2018.
