Oireachtas Joint and Select Committees

Thursday, 20 September 2018

Public Accounts Committee

National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report

9:00 am

Mr. Brendan McDonagh:

I have previously provided it to the committee and have no problem doing so again. Some local authorities believed the housing mix was not right. Others stated that there was 20% social housing in relevant areas and if they took the offered units, that would be pushed up to 30%. As the Deputy will be aware, local authorities have parameters in terms of housing mix, such as having a maximum of 20% social housing in an area not wanting an over-concentration of social housing. That is the reality for them. They are dealing with the issue on the ground. All NAMA can do is make such units available through the Housing Agency. The decision to take them up is for the local authorities.

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