Phil Hogan (Carlow-Kilkenny, Fine Gael)

I agree with Deputy Ellis and hope I did not give the impression that we are exclusively dealing with voluntary bodies. It is just one option for voluntary bodies to engage with NAMA and we engage directly with NAMA, with 8,000 to 10,000 apartment units available in major urban centres. Properly finished - not much money is required for this - they would be available for people on the social housing list. How we can use the money more effectively is a constant issue in the formulation of policy in the Department, as it will ultimately allow people to buy their homes. We will facilitate this. Voluntary housing associations may not be totally happy with the Government decision to allow people buy out their homes that way. I agree with Deputy Ellis and the Government is pursuing the sentiments he expressed.

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