Dáil debates

Thursday, 3 July 2014

Topical Issue Debate

NAMA Social Housing Provision

6:15 pm

Photo of Fergus O'DowdFergus O'Dowd (Louth, Fine Gael) | Oireachtas source

I answer this question on behalf of the Minister of State at the Department of the Environment, Community and Local Government, Deputy Jan O'Sullivan, who has special responsibility for housing but is unavoidably delayed.

I thank Deputy Seán Kenny for raising this matter and I have listened with interest to what he has said. The Department of the Environment, Community and Local Government continues to work closely and successfully with NAMA, the Housing Agency, local authorities and approved housing bodies on the delivery of social housing. To the end of the first quarter of this year 1,849 available units identified by NAMA have been confirmed by local authorities as being suitable for social housing. Some 684 units have been contracted or committed for social housing use. A further 451 properties are considered as being active transactions where terms are agreed or active negotiation is ongoing by all parties concerned or where a detailed appraisal, determining the most likely delivery mechanism, is being carried out. An additional 702 properties are to be further appraised, signalling likely delivery in 2015 and 2016. Some 367 units were delivered in 2013 alone, a significant increase on 2012. Updated information on the delivery of NAMA sourced units for the second quarter of this year is being finalised and will be made available shortly on the Housing Agency's website.

The Minister of State, Deputy Jan O'Sullivan, has no statutory function in the allocation of tenancies and she is precluded from intervening in the decisions made by housing authorities in the allocation of particular dwellings. However, the Department is working with Tuath, NAMA, Dublin City Council and the Housing Agency to expedite timely delivery of these units at Clare Village.

It is important to note that the process of delivery of units at Clare Village involves a significant multi-unit transaction. With this comes the added complexity of getting agreement from a number of parties who, while fully committed to the process, are operating within an environment subject to a range of legal and financial challenges, including ensuring compliance with the Multi-Units Development Act.

Within this context significant progress has been made, and I understand that contractual arrangements to secure these units for social housing, which involve the NAMA special purpose vehicle, National Asset Residential Property Services Limited, are expected to be finalised shortly. Once that process has been completed, the remaining lease agreements involving the various stakeholders, which are being progressed in parallel, can be completed. I understand that, barring any unforeseen events, these units are expected to be made available for allocation in the coming weeks.

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