Council Should Engage with NAMA on Housing-Nugent
Sinn Féin councillor Mick Nugent said last night that Cork City Council should enter discussions with NAMA to see if there were suitable properties in the city which could be taken over for social housing.
He was speaking after a Sinn Féin motion on the issue was forwarded to the housing committee for consideration.
Cllr Nugent said:
“With over 9,000 people on the housing list in Cork, we urgently need new ideas to tackle the housing crisis.”
“If NAMA has properties in Cork City which are lying idle, the council should work to identify if any of these would be suitable for social housing.”
“While NAMA as it is currently set up is tasked with making a financial return on the sale of these properties, given the depressed state of the property market it might be happy for the council to take a tranche of houses off its hands at a relatively low price.”
“Nothing is to be lost by entering a discussion, and I am pleased to hear from the Manager tonight that he is open to the idea.”
For further information or comment contact Cllr Mick Nugent @ 087-6755793
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