NAMA PROPERTIES ON OFFER
LOCAL AUTHORITY ACCEPTANCE FIGURES
MANY PROPERTIES REJECTED
Below is a list of NAMA properties offered to local authorities across Ireland. In total, NAMA has provided details of properties that it controls to 31 local authorities, however only 2,526 out of a total of 6,475 have been accepted by the local authorities concerned.
In counties Longford (31 offered) and Leitrim (35 offered), no properties at all were deemed
acceptable by these local authorites.
In Tipperary, Roscommon, Laois and Cavan, the response of the housing bodies concerned was
very muted, 444 properties in total being offered
by NAMA, of which only 25 were accepted.
In the cities, the takeup figures were higher, Dublin in total taking almost 50 percent, while Limerick and Cork local authorities accepted around one third of those offered by NAMA.
Galway city took 202 properties, rejecting only 1 out of the 203 on offer.
So what is the explaination for these low acceptance rates by local authorities of NAMA housing stock?
One example may be the response given by Roscommon county council, stating unsuitable property location and therefore that no demand existed, for the total of 75 houses in a remote area, based around the villages of Ballintubber and Keadue.
Other reasons for the low take up of the NAMA offer included structural problems with the houses, as well as legal issues and management costs.
NAMA themselves decided to withdraw some of the properties shortly after they were placed on offer to the local councils and regional housing agencies.
Also, reports suggest that NAMA was not prepared to give local authorities a choice of properties, offering the houses on an "all or nothing" basis, rather than on a case by case system.
To date, according to the Department of the Environment, 1,600 NAMA controlled residential properties have been provided for social housing use, with 1,241 now completed and a further 350 undergoing remedial and/or completion construction work.
NAMA's ALLOCATED SOCIAL HOUSING BY LOCAL AUTHORITY