NAMA Units

MEETING OF SOUTH DUBLIN COUNTY COUNCIL

Monday, April 11, 2016

QUESTION NO.16

QUESTION: Councillor F. Timmons

To ask the Chief Executive for a report on how many houses / accommodation units SDCC turned down from NAMA and the reasons for same?

REPLY:

Consideration was given to a number of properties offered by NAMA as possibly suitable for social housing. Of the 591 put forward by NAMA as possibly suitable 131 are either transacted or in the process. A further 18 are under active consideration but not yet finalised. Most were deemed not suitable either being unfinished developments or not started or in such large lots they were not considered sustainable. The Council has dealt with NARPS in relation to leasing of a number of units and continues to work with them on other possibilities. NAMA established a Special Purpose Vehicle, NAMA Asset Residential Property Services Limited (“NARPS”), to acquire residential units from its debtors and receivers and to lease / sell them directly to approved housing bodies/Local Authorities.

300-101   400-101   300-320   300-070   300-206   200-310   300-135   300-208   810-403   400-050   640-916   642-997   300-209   400-201   200-355   352-001   642-999   350-080   MB2-712   400-051   C2150-606   1Z0-434   1Z0-146   C2090-919   C9560-655   642-64   100-101   CQE   CSSLP   200-125   210-060   210-065   210-260   220-801   220-802   220-901   220-902   2V0-620   2V0-621   2V0-621D   300-075   300-115   AWS-SYSOPS   640-692   640-911   1Z0-144   1z0-434   1Z0-803   1Z0-804   000-089   000-105   70-246   70-270   70-346   70-347   70-410