COMHAIRLE CONTAE ÁTHA CLIATH THEAS
SOUTH DUBLIN COUNTY COUNCIL

MEETING OF SOUTH DUBLIN COUNTY COUNCIL

Monday, April 11, 2016

MOTION NO.1

MOTION: Councillor S. Holland

That this Council write to NAMA and ask them for a full list of properties they hold in this County, with a view to purchasing any that can be used to house some of the 9,000 people on our housing list, subject to quality, suitability and the passing of health & safety inspections

REPORT:

South Dublin County Council were advised by NAMA of 591 Units identified by them as suitable for Social Housing. The Council did not accept a number of these units due to some being unfinished, some not started and most due to the large number of units in the one development from a sustainable community perspective in terms of management and absence of an integrated mix within the development.  In this particular case some were availed of. Of the 591 units offered the Council accepted 131 and a further 18 under consideration. In relation to the 131 units accepted the transaction on 123 have already been completed. In the context of the Motion we are satisfied that we have been provided with full list of units identified by NAMA for social housing and from our continuing discussions with NARPS. NARPS ia the NAMA established Special Purpose Vehicle, NAMA Asset Residential Property Services Limited, to acquire residential units from its debtors and receivers and to lease them directly to approved housing bodies”.