Written answers
Wednesday, 25 November 2015
Department of Environment, Community and Local Government
NAMA Portfolio
Michael Creed (Cork North West, Fine Gael)
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210. To ask the Minister for Environment, Community and Local Government if he has issued a communication to the National Asset Management Agency regarding its portfolio, and the requirement that it would significantly contribute to a resolution of the social housing crisis; and if he will make a statement on the matter. [42048/15]
Alan Kelly (Tipperary North, Labour)
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The Government has enabled and facilitated the National Asset Management Agency (NAMA) in playing an important role in the delivery of housing supply generally, and social housing in particular. In the context of social housing delivery, NAMA has had ongoing engagement, since December 2011, with my Department and the Housing Agency as well as local authorities, in identifying properties that might potentially be suitable for social housing purposes.
Information in relation to the delivery of NAMA sourced social housing units, including a full breakdown by county, of units delivered on quarterly basis, is available on the Housing Agency’s website at.
By the end of September 2015, NAMA had identified 6,574 properties as being potentially available for social housing. Of these, demand has been confirmed for 2,526 available units. Negotiations and approvals in relation to these units involves approved housing bodies, local authorities, the property owners, financial institutions, receivers and other relevant parties. These 2,526 projects are at various stages of development, with 1,600 delivered, 486 under negotiation and the remaining 440 under consideration.
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