Fianna Fáil has slammed NAMA after it was revealed only 726 of the firm's units have been transferred over the last two years for social housing.

The party said the delays in the delivery of the NAMA properties is resulting in longer waiting lists across Ireland.

The news comes after the Government pledged 2,000 units would be transferred two-and-a-half years ago.

Fianna Fáil Spokesperson on Environment and Local Government, Barry Cowen TD, confirmed there are 90,000 families on the social housing waiting list and the housing crisis is deepening.

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Deputy Cowen stated: "NAMA has identified 5,294 units for transfer to help address these problems and local authorities have confirmed 1,971 of these are suitable. However, only 726 units have been successfully transferred to date, which is leading to longer waiting lists and more frustration for families that have nowhere to call home. This is very disappointing to say the least.

"The Government needs to accelerate this process to start having some impact on the massive social housing waiting lists. Special teams should be set up across local authorities to ensure this process starts to bear fruit for families stuck on the social housing lists, some for over 10 years."

(CD/JP)