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NAMA

Status Update – January 2020

At the end of December 2019, a total of 7,093 residential properties have been identified by NAMA as potentially available for social housing.  Demand has been confirmed by the local authorities for 2,770 of the properties that NAMA has identified.

Local authorities have confirmed that 2,437 of the properties are considered unsuitable by reference to sustainable planning and housing policy or are located in areas with no demand.   A further 1,886 properties have been sold or privately let by the owners or receivers.

To date, a total of 2,605 residential properties have been delivered for social housing providers comprising of 2,569 completed properties with a further 36 that have been contracted where completion work is on-going.  The following diagram summarises the overall progress.

 

Breakdown of properties identified by NAMA

Of the 2,569 properties completed to date, 129 houses and 293 apartments were delivered across seven separate developments with mix of social and private rented homes. The properties were purchased or leased by three AHBs with assistance from the Department through the social housing current expenditure programme for 315 properties with the remaining 107 rented on the private market, thus ensuring sustainable mixed-tenure developments.  These projects in Carlow, Cork, Dublin, Galway and Laois provide a good illustration of sustainable housing policy in practice; a policy which aims to provide a balanced sustainable mix between social and private housing within a community.

Breakdown of Properties Complete/Contracted by Local Authority Area

Local Authority Total     Apartments Houses   
Carlow Co. Co. 103 8 95
Clare Co. Co. 55 15 40
Cork City Council
138 61 77
Cork Co. Co. 354 164 190
Donegal Co. Co. 5  - 5
Dublin City Council 415 414 1
Dún Laoghaire-Rathdown Co. Co. 282 278 4
Fingal Co. Co. 143 91 52
Galway City 196 167 29
Galway Co. Co. 32  - 32
Kerry Co. Co. 42 6 36
Kildare Co. Co. 235 18 217
Kilkenny Co. Co. 56 27 29
Laois Co. Co. 35  - 35
Limerick City & County 20 6 14
Louth Co. Co. 27 27  -
Meath Co. Co. 39 29 10
Monaghan Co. Co. 62  - 62
Offaly Co. Co. 30  - 30
Sligo Co. Co. 4  - 4
South Dublin Co. Co. 146 141 5
Waterford City & County Council 51 10 41
Westmeath Co. Co. 20  - 20
Wexford Co. Co. 102 35 67
Wicklow Co. Co. 13 13  -
Total 2,605 1,510 1,095

 

Breakdown by County with Local Authority or AHB per project