Dáil debates

Wednesday, 14 October 2015

10:30 am

Photo of Enda KennyEnda Kenny (Mayo, Fine Gael) | Oireachtas source

In many cases, they are quite a distance from Dublin, in particular, and the families have to travel to schools and so on, which is not acceptable. It is not true to say that there was nothing in yesterday's budget for housing. The Minister for Finance signalled that NAMA will provide 20,000 houses between now and 2020. We will open 100 sites across the country in 2016 and will deliver at the mid-point of that up to 80 houses per week. There is a requirement for 10,000 units, whether houses or apartments, in the Dublin area per annum. Only 3,300 were delivered in the past year. Having land, its own money and contractors who build for it, NAMA can provide these units and 90% of them will be provided in the Dublin area. Some 75% of the units will be houses, mainly starter homes, which NAMA will deliver through its own developers.

Last year the Government put €2.2 billion on the table to deal with this legacy issue. Yesterday, in the budget, the Minister for Public Expenditure and Reform added to that sum. This year €500 million is available to build or acquire new homes. The Government also increased the current allocation for social housing by a further €69 million to €440 million. Money is not the problem here.

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