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
Catherine Connolly (Galway West, Independent) | Oireachtas source
I move to the issue of social housing. I, like Deputy Cassells, sat on a city council for 17 years. We saw the housing crisis building up. There was a housing crisis well before 2014. In fact, it deepened in 2013 or 2014 when the housing assistance payment, HAP, became the only game in town. That has nothing to do with NAMA except the more rented buildings that it makes available, the more that HAP is used. A total of €300 million has been spent this year on HAP. This housing crisis has happened over a period because of a failure to build houses. The first time NAMA discussed housing seems to have been 2014. Is that right?
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