Resolution of Unfinished Housing Estates

Since 2010, NAMA has sought to resolve unfinished housing estates in its secured portfolio. NAMA has advanced funding to debtors and receivers to undertake remedial and completion works to the unfinished developments, in some cases completing the estates in their entirety. In certain cases, unfinished housing estates have been provided for social housing use following remediation by NAMA with many units subsequently purchased by NARPS for social housing purposes. 

Examples of NARPS housing on former unfinished housing estates are set out below:



The Tannery


Before
After


Ashmount Mews, Silversprings, Cork

Before
After

Examples of unfinished housing estates remediated as part of NAMA’s social housing programme include:


Aisling, Ennis, Co Clare



Before
After


The Boroughs, Douglas, Co Cork



Before
After