Just 443 NAMA houses transferred for social housing

Wednesday 23 October 2013 16.40
Many of the houses in NAMA's portfolio are in areas where there is no social housing need
Many of the houses in NAMA's portfolio are in areas where there is no social housing need

Fewer than half the potential homes that NAMA believed could be used for social housing are suitable for that purpose, Minister for Housing Jan O’Sullivan has told the Dáil.

So far, only 443 houses have been transferred from NAMA's property portfolio for social housing, despite a housing waiting list of more than 100,000 people.

However, out of a list of 4,319 possible homes identified by NAMA, only 1,900 can be used for social housing, local authorities have found.

Many of the houses are in areas where there is no social housing need, the Dáil has heard.

Ms O'Sullivan, who met NAMA recently, said the process of transferring homes from the agency is complicated.

Overall, she said that around 5,000 homes are going to be provided by the Department of the Environment this year to reduce the housing waiting list.

User contributions and/or comments do not, unless specifically stated, represent the views of RTÉ.ie or RTÉ.
Click here for Terms of use