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NAMA re-offers properties already refused for social housing

It has emerged that local authorities are being re-offered properties from the National Asset Man...
Newstalk
Newstalk

10.45 27 May 2014


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NAMA re-offers properties alre...

NAMA re-offers properties already refused for social housing

Newstalk
Newstalk

10.45 27 May 2014


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It has emerged that local authorities are being re-offered properties from the National Asset Management Agency (NAMA) that they have already refused for social housing.

Councils turned down over one-third of the properties offered by NAMA, because they were deemed inappropriate for social housing.

But they are now taking a second look at 500 of them given the increased threat of homelessness.

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NAMA has already handed over 684 properties for social housing, and hopes to have another 400 by the end of the year.

NAMA chief executive Brendan McDonagh says a lot of NAMA's housing stock simply is not useful for social housing.


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