Written answers

Wednesday, 28 September 2016

Department of Housing, Planning, Community and Local Government

NAMA Portfolio

Photo of Brendan GriffinBrendan Griffin (Kerry, Fine Gael)
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145. To ask the Minister for Housing, Planning, Community and Local Government to set down in tabular form the number of housing units that have been offered to each local authority in each year since 2010; the numbers that have been accepted; and if he will make a statement on the matter. [27644/16]

Photo of Simon CoveneySimon Coveney (Cork South Central, Fine Gael)
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To end Quarter 2 2016, the National Asset Management Agency (NAMA) had identified 6,765 units, associated with the security for loans that NAMA has acquired, that could be made available for social housing. Many of these units were in unfinished housing developments or developments that required significant remediation work. All of the units identified by NAMA, regardless of their condition, location or circumstance were offered to LAs in the first instance.

To date, demand has been confirmed by the local authorities for 2,644 of the properties that NAMA has identified as potentially available. Another 73 properties are currently being evaluated bringing the potential total that may be deemed suitable to 2,717. Local authorities have confirmed that 2,402 of the properties are considered unsuitable by reference to sustainable planning and housing policy or are located in areas with no social housing demand. A further 1,646 properties have been sold or privately let by the owners or receivers since the initial offer was made to the local authority.

General information in relation to NAMA delivery for social housing is available on the website of the Housing Agency at the following link:.

Information on the number of properties offered to local authorities on an annual basis is not available. This is because in many instances, properties that may have been offered and declined by a local authority, have often been re-offered to the local authority at a later date if the unit remains available and unsold by the receiver or NAMA.

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