Written answers
Thursday, 17 December 2015
Department of Finance
NAMA Social Housing Provision
Michael McGrath (Cork South Central, Fianna Fail)
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124. To ask the Minister for Finance the number of housing units the National Asset Management Agency has approved and transferred for social housing, by county; and if he will make a statement on the matter. [45941/15]
Michael Noonan (Limerick City, Fine Gael)
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I am advised that NAMA has made a substantial contribution to social housing provision, as illustrated by the breakdown set out in the following table.
NAMA has to date facilitated the delivery of 2,000 houses and apartments for social housing through its debtors and receivers and directly through its social housing special purpose company, NARPS. This equates to more than one-third of total Part V social housing delivery in the period between 2002 and 2011 when over 500,000 new private houses were built in the State. In delivering these units for social housing, I am further advised that NAMA has incurred costs of over €220m in remediating and finishing off houses and apartments so that they could be lived in and in buying properties from its debtors and receivers for onward leasing through NARPS to local authorities and approved housing bodies.
Region | Offered by NAMA | Demand Confirmed by Local Authorities | Delivered |
---|---|---|---|
Carlow Co. Co. | 225 | 150 | 138 |
Cavan Co. Co. | 49 | 1 | - |
Clare Co. Co. | 233 | 66 | 32 |
Cork City | 500 | 169 | 133 |
Cork Co. Co. | 789 | 308 | 280 |
Donegal Co. Co | 118 | 32 | 5 |
Dublin City Council | 828 | 391 | 379 |
Dún Laoghaire-Rathdown Co. Co. | 332 | 143 | 93 |
Fingal County Council | 279 | 114 | 106 |
Galway City Council | 203 | 202 | 197 |
Galway Co. Co. | 135 | 40 | 24 |
Kerry Co. Co. | 219 | 131 | 42 |
Kildare Co. Co. | 298 | 122 | 113 |
Kilkenny Co. Co. | 183 | 63 | 55 |
Laois Co. Co | 98 | 1 | - |
Leitrim Co. Co. | 35 | 0 | - |
Limerick City and County Council | 147 | 55 | 16 |
Longford Co. Co | 31 | 0 | - |
Louth County Council | 30 | 27 | 27 |
Mayo Co. Co | 75 | 31 | - |
Meath Co. Co. | 235 | 63 | 38 |
Monaghan Co. Co | 42 | 39 | - |
Offaly Co. Co. | 79 | 32 | 29 |
Roscommon Co. Co. | 136 | 10 | - |
Sligo Co. Co | 111 | 29 | 4 |
South Dublin County Council | 591 | 131 | 119 |
Tipperary Co. Co | 161 | 13 | - |
Waterford Co. Co. | 103 | 51 | 51 |
Westmeath Co. Co | 108 | 25 | 20 |
Wexford Co. Co | 225 | 132 | 92 |
Wicklow Co. Co. | 36 | 7 | 7 |
Total | 6,634 | 2,578 | 2,000 |
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