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

Photo of Matt CarthyMatt Carthy (Cavan-Monaghan, Sinn Fein) | Oireachtas source

Considering the crisis we are in now, it appears that such a decision warrants further investigation. Of the 7,000 properties identified by NAMA - and some might argue that this figure is too low - it seems 4,500 were not considered in any great way.

It was indicated that 2,629 properties were delivered for social units and that a little under 1,400 were social houses to begin with, either through leasing or other programmes. The additional social housing stock delivered through NAMA is at a very low level and unsatisfactory. Mr. McDonagh is indicating that there appears to be an issue with the Housing Agency and local authorities in delivering what could have been 4,000 other properties.

Deputy Munster asked about the 1,400 units identified in Housing for All. It is not clear from where that figure emerged. Are we talking about 1,400 additional units that are not included in the 7,093 units? Are we talking about houses that were previously under consideration that are now being brought under consideration? Are we just wrapping existing figures into a new figure for Housing for All?

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