Use NAMA land in Sandyford for Universal Public Housing
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NAMA has just secured planning permission for 460 new apartments on a site in Sandyford, Dublin. Under the current plan the site and the apartments will be sold to the private sector, most likely a Real Estate Investment Trust (REIT) that will charge extortionate rents and pay NO corporation tax on their rental income profits. But it doesn't have to be this way.
The Minister for Finance, Paschal Donohoe, has the legal power to direct NAMA to stop the sale of this and other NAMA sites. He also has the power to direct NAMA to transfer the site to Dun Laoghaire Rathdown County Council.
Our local authority can then build the 460 apartments and rent them to low, middle and high income families under a new system of Universal Public Housing, similar to the one that operates in Vienna.
We are calling on Paschal Donohoe and our local government TDs, Shane Ross and Josepha Madigan, to do the right thing. Stop the sale of this public land and instead use it to build high quality, affordable, long-term homes for hundreds of local families. It's time for our elected representatives to stand with the people instead of the vultures.
Please sign this petition and encourage your friends, family and work colleagues to do likewise.
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