NAMA homes sold to charity
NAMA is to sell off 15 vacant apartments in Drogheda for social housing in a €1.4m deal. The apartments are being bought by social housing charity Tuath Housing Association.
Jan O'Sullivan, Minister of State for Housing, said she was determined to see units in the NAMA portfolio of properties used for those on housing lists. She said more apartments and houses were likely to come on stream in the next year.
Paul Bell, Mayor of Drogheda, said it had been a "frustration" to see accommodation built during the boom lying idle while people wait on homes.
Some 81 apartments and houses have been delivered this year in the Drogheda Council area, he said.