Oireachtas Joint and Select Committees

Thursday, 30 September 2021

Public Accounts Committee

NAMA Financial Statement 2020 and Special Report 111 of the Comptroller and Auditor General

9:30 am

Mr. Brendan McDonagh:

Our main interaction with the LDA is around the transfer of National Asset Residential Property Services, NARPS, which is the social housing vehicle. It has just over 1,370 units. We got a direction from the Minister in 2019 that it would transfer to another State body. In Housing for All it was decided that State body would be the LDA so we have been engaging extensively with it on arranging the transfer of that, which we hope will happen by the end of the year or by quarter 1 of 2022.

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