Nama hands over just 518 of 5,000 units earmarked for social housing

Just 518 of the estimated 5,000 units identified by Nama as being suitable for social housing have been handed over to local authorities, despite a reported 90,000 applicants on council waiting lists.

The Department of the Environment confirmed by the end of March Nama had identified 4,653 units as “potentially suitable” for social housing.

The department said of that total, 1,849 units had been confirmed by local authorities as suitable.