Social Housing

NAMA continues to work closely with the Minister for Housing, Planning and Local Government in relation to the delivery of social housing and all parties remain committed to the maximum possible delivery of residential units under this important initiative

Through the course of the initiative, NAMA has identified 6,984 residential properties as being potentially suitable for social housing. The process of confirming demand and suitability is a matter for local authorities and is not something in which NAMA has a role. To date, 2,475 have been delivered for social housing use which is the majority (91%) of all those properties for which demand was confirmed and which remained vacant and available.

Social housing flow chart
Social housing flow chart

Once demand for a property has been confirmed by a local authority, NAMA facilitates contact and negotiation between its debtor or receiver and the local authority or Approved Housing Body (‘AHB’) to acquire the property. Contractual arrangements can take the form of a lease or purchase. In general, purchases are completed by AHBs and the properties acquired are then made available to local authorities under a payment and availability agreement.

To help further streamline delivery, NAMA also established a special purpose (National Asset Residential Property Services ‘NARPS’) to take direct ownership of properties where there is an established demand and to then lease these properties long-term to an AHB or Local Authority. In the majority of cases, the properties acquired by NARPS are the remaining incomplete units in unfinished housing estates. In these instances, NAMA funds its debtor or receiver to complete both the properties and the wider common areas of the estate. To date, over half of the properties delivered by NAMA to AHBs/ local authorities have been made available through NARPS. Examples of properties acquired by NARPS and leased to AHBs are shown here (link to https://www.nama.ie/social-initiatives/social-housing/examples-of-properties-delivered-for-social-housing)

 

Social Housing (as at end Q3 2018) – Properties Delivered for Social Housing by Local Authority Area

CompletedContractedTotal
Carlow Co. Co.1030103
Clare Co. Co.55055
Cork City1308138
Cork Co. Co.3220322
Donegal Co. Co505
Dublin City4130413
Dún Laoghaire Rathdown Co. Co.27210282
Fingal Co. Co. 12518143
Galway City Council1960196
Galway Co. Co.24832
Kerry Co. Co.42042
Kildare Co. Co.1720172
Kilkenny Co. Co.56056
Limerick City and County Council17017
Louth County Council27027
Laois Co. Co.35035
Meath Co. Co.39039
Monaghan Co. Co271138
Offaly Co. Co.30030
Sligo Co. Co404
South Dublin Co. Co.1460146
Waterford Co. Co.51051
Westmeath Co. Co20020
Wexford Co. Co1020102
Wicklow Co. Co.707
Grand Total2,420552,475

 

 

Social Housing Delivery - By Approved Housing Body / Local Authority (as at end-Sept 2018)

Completed sales
CountyAHB / LA# Units DeliveredDirect SaleNARPS LeasingDirect Lease
CarlowCarlow VHA88
CarlowCo-Operative Housing Ireland4040
CarlowRespond! Housing Association5555
ClareBanner Housing77
ClareClare County Council17116
ClareCo-Operative Housing Ireland3131
CorkClúid Housing27423
CorkCo-Operative Housing Ireland1043470
CorkCork City Council5353
CorkCork County Council35431
CorkRespond! Housing Association35134
CorkTúath Housing17923156
CorkTúath Housing JV with investor1414
CorkHousing Agency55
DonegalClúid Housing55
DublinALONE1616
DublinCircle VHA1022478
DublinClanmil Ireland88
DublinClúid Housing312168144
DublinCo-Operative Housing Ireland1313
DublinDublin City Council88
DublinDublin Simon 2828
DublinDun Laoghaire Rathdown Co Co2828
DublinFingal Co Co2525
DublinFocus Ireland1212
DublinHAIL402119
DublinHousing Agency1212
DublinNorth & East Housing Association4545
DublinSouth Dublin Co. Co. & Túath Housing55
DublinTúath Housing30239263
GalwayBrothers of Charity33
GalwayClúid Housing826121
GalwayGalway City Council22715
GalwayTúath Housing8736501
GalwayTúath, Clúid and Galway Co Co2626
KerryCamphill Community Dingle33
KerryClúid Housing1515
KerryLe Cheile Housing1111
KerryCo-Operative Housing Ireland66
KerryTúath Housing77
KildareClúid Housing4848
KildareKildare County Council88
KildareTúath Housing1025943
KildareHomeless Care1414
KilkennyFocus Ireland99
KilkennyHousing Agency11
KilkennyKilkenny County Council1111
KilkennyTúath Housing3535
LaoisCo-Operative Housing Ireland3535
LimerickBrothers of Charity77
LimerickClúid Housing55
LimerickFocus Ireland44
LimerickHousing Agency11
LouthDrogheda Borough Council1212
LouthTúath Housing1515
MeathNorth & East Housing Association30129
MeathClúid Housing99
MonaghanNorth & East Housing Association2727
OffalyOaklee Housing30129
SligoSteer Housing44
WaterfordAnvers Housing Association77
WaterfordClúid Housing44
WaterfordCo-Operative Housing Ireland2121
WaterfordRespond! Housing Association1919
WestmeathTúath Housing20416
WexfordClúid Housing574710
WexfordCo-Operative Housing Ireland19415
WexfordOaklee Housing2424
WexfordWexford County Council22
WicklowTúath Housing77
Total2,4209961,308116
Contracted Units
CountyAHB / LA# Units ContractedDirect SaleNARPS LeasingDirect Lease
CorkCo-Operative Housing Ireland88
DublinDun Laoghaire Rathdown Co Co1010
DublinRespond! Housing Association1818
GalwayGalway Co Co88
MonaghanNorth & East Housing Association1111
Total5518370