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:

I will not say they were brought into the market; they were all provided for social housing. Of the 2,600, the local authorities and the AHBs bought around 1,300 of them. They own them on their own balance sheet and then approximately another 1,300 are in a vehicle that involves long-term leases between NARPS and the approved housing body. They are all for social housing.

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