Written answers

Tuesday, 16 July 2013

Department of Environment, Community and Local Government

NAMA Social Housing Provision

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein)
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100. To ask the Minister for Environment, Community and Local Government if he will provide an update on the delivery of housing from the National Assets Management Agency special purpose vehicle; and if he will provide a breakdown of where these units have been delivered. [33777/13]

Photo of Billy KelleherBilly Kelleher (Cork North Central, Fianna Fail)
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102. To ask the Minister for Environment, Community and Local Government the number of houses identified, selected and transferred from the National Assets Management Agency for social housing to date; the additional progress that has been made with the provision of social housing via NAMA; and if he will make a statement on the matter. [33772/13]

Photo of Tommy BroughanTommy Broughan (Dublin North East, Labour)
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107. To ask the Minister for Environment, Community and Local Government if he will indicate progress to date in increasing the number of properties transferred from the National Asset Management Agency to Dublin City Council and Fingal County Council to increase the stock of social housing provision at the disposal of both of these local authority areas. [33617/13]

Photo of Jan O'SullivanJan O'Sullivan (Limerick City, Labour)
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I propose to take Questions Nos. 100, 102 and 107 together.

At the end of Quarter 2 2013, 296 properties have been delivered for social housing from NAMA's portfolio, with contracts signed in respect of a further 101 properties.  This brings the overall total number of residential properties completed or committed to social housing under this initiative to date to just under 400 properties. It will continue to be my Department's objective in 2013 to maximise the delivery of social housing using all of the resources available.

NAMA continues to work closely with my Department, the Housing Agency and with local authorities and Approved Housing Bodies in relation to the delivery of social housing. To date, NAMA has identified over 4,200 residential properties controlled by its debtors and receivers under this initiative as being available for social housing. Demand has been confirmed by the local authorities for 1,621 of these properties with a further 596 properties currently being evaluated.

The local authorities have confirmed that of the properties identified, 1,242 are considered unsuitable by reference to sustainable planning and housing policy or are located in areas with no demand. A further 812 properties have been sold or privately let by their owners or receivers since they were identified by NAMA.

To date, of the properties identified by NAMA, demand has been confirmed by Dublin City Council and Fingal County Council for 228 units. Of this 55 are completed and operational, all of which are in the Dublin City Council area, 88 are at an advanced stage of negotiations and 85 are being appraised.

To help further streamline delivery, NAMA has also established a special purpose company, National Asset Residential Property Services Ltd (NARPs), for the purpose of acquiring properties from its debtors and receivers where necessary to speed up direct leasing to AHBs.   NARPs acquires houses and apartments and makes them available to the AHBs where the AHBs have confirmed demand for, and contracted to lease, the properties.  NAMA has advised me that, to date, AHBs have contracted to lease 36 properties through NARPs.

Quarterly updates in relation to the delivery of NAMA sourced units are available at .

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