NAMA claim must be a call to action by Government-Cllr. Daithí Doolan
The NAMA claim that developers are slow to build housing so they can boost profits must be a wake call to Government.
Cllr. Daithí Doolan, chair of Dublin City Council's housing committee, said:
"Yesterday’s claim by NAMA's Brendan McDonagh that developers were stalling on building new homes so they can maximise profits requires an immediate response from the Government.
Specifically it requires the Minister for Environment to release the funding to Dublin City Council so we can fund a building programme that meets the needs of the 28,000 housing applicants on our housing list. By sitting back and doing nothing the Minister is allowing developers hold this city to ransom. This is unacceptable at a time of an unprecedented housing crisis. The Minister must take immediate action.
Dublin City Council has land banks, if developed they would provide 1000's of social, affordable and cost rental accommodation. What we need is funding from the Department of the Environment to make the plans for these lands a reality. This would provide jobs, homes and a major boost to the construction industry."