Local authorities turned down more than 1,000 homes offered by Nama for social housing citing a lack of demand in their areas.
Out of the 6,600 houses and apartments offered by Nama, 16 per cent were turned down by city and county councils because there was “no demand” for social housing.
Furthermore, 1,300 houses were rejected because their use would result in an over-concentration of social housing tenants.
More than 2,000 homes were offered to Dublin local authorities yet only 776 were accepted.
South Dublin County Council and Dublin City Council, turned down large numbers of homes claiming the concentration of social housing tenants would prevent the development of “sustainable communities”.
Just under 6,640 homes were offered by Nama to local authorities around the country.