Wednesday 11 December 2019

NAMA sold flats which could have housed homeless

Fianna Fáil leader Michéal Martin
Fianna Fáil leader Michéal Martin
John Downing

John Downing

A BLOCK of 442 flats in Dublin, sold off for about half a million euro, has since been sold on an international property firm for €83m, the Dáil has been told.

Fianna Fáil leader Michéal Martin said these apartments at Tallaght Cross in Dublin were sold for about €100,000 each but could have been used to house homeless people.

He said NAMA had offered them to the National Housing Agency which only took up about 25 of them.

Mr Martin said the Taoiseach and the Government “just don’t get” the desperate plight of homeless people. “Why didn’t the State buy those apartments and get people out of the hotel rooms and out of the damp bedsits?” Mr Martin asked.

The Fianna Fáil leader again urged the Government to oblige NAMA to provide 10,000 houses for social housing out of a planned quota of 20,000 houses.

Amid rowdy scenes in the Dáil, the Taoiseach rounded on Mr Martin and said the housing crisis was caused by the Fianna Fáil-led government which presided over the collapse of the building sector.

Mr Kenny repeatedly challenged the Fianna Fáil leader to explain how he would provide an extra €2bn for housing.

“You think you can ‘magic up’ another 10,000 houses from NAMA just like that. It doesn’t work like that,” the Taoiseach insisted.

Mr Kenny went on to say that Mr Martin was wrongly claiming that his party had framed the economic recovery plan in 2010 later implemented by the current Government. He said this plan contained many wrong things such as continuing to pay €3bn per year for the Anglo Irish Bank collapse.

“You have no credibility on the economy. Zero. Zilch. Nothing,” the Taoiseach said.

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