Surprise as council fails to take up offer to acquire Nama properties

Despite a bulging housing waiting list, councillors have expressed surprise Cork County Council has not taken up an offer to acquire residential properties from Nama.

Councillors have expressed surprise at the executive decision, as the neighbouring city council along with voluntary housing agencies have, so far, acquired 89 properties.

In 2012, the county council was among a number of local authorities which advised Nama of their housing needs. But to date, Cork Co Council has not acquired leases on any properties.