NAMA To Release More Houses To...


NAMA To Release More Houses To Tackle Homelessness


03:27 27 Nov 2013

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Houses taken over by the State's Bad Bank will be made available next year.

The Housing Minister hopes the move will help tackle homelessness.

The number of families losing their homes every month in Dublin has doubled from eight to sixteen.

A new report by Focus Ireland is critiscising NAMA for breaking its promise to use re-possesed homes to help those with nowhere to live.

The chairty says 5,000 people are currently homeless in Ireland, and many of them are families.

The Housing Minister, Jan O'Sullivan, says the government's made it easier for NAMA to release houses:

It comes as new figures show the cost of buying a place to live in Dublin is 15% higher now, than this day last year.

The latest CSO statistics are again raising concerns of a property bubble in the capital.

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