Oireachtas Joint and Select Committees

Thursday, 28 September 2023

Public Accounts Committee

NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General

9:30 am

Mr. Brendan McDonagh:

Regarding ones that NAMA bought itself and leased to local authorities through National Asset Residential Property Services, NARPS, that is 1,366. We are going to deliver about 2,800 units in social housing. We have the other 50% on our balance sheet and we have sold 50% to approved housing bodies and the LDA. The LDA is a very late addition, as the Deputy will appreciate, but it is obviously more recently a buyer of social housing units in the market.