Opposition parties have called on the Government to intervene following the collapse of the five public-private partnership projects yesterday.
Speaking today, politicians said that State action is needed to ensure that that a new plan is put in place so that much-needed social housing and community facilities are still provided.
Sinn Féin TD Aengus Ó Snodaigh called on the Government to "step into the builder's shoes" to ensure the social housing units were built.
Gerry Breen, Fine Gael group leader on Dublin City Council, said the department would have to put money in to redress deprivation in the areas. He accused the council of putting "all its eggs in one basket" by granting so many contracts to Mr McNamara.
Fine Gael senator Paschal Donohoe, who is based in central Dublin, called on the Minister for the Environment to step in and said other bidders in the Public Private Partnership process must be immediately contacted to determine their ability to complete the schemes.
Labour Party TD for Dublin South Central Mary Upton said the collapse of the regeneration plan "must prompt a root and branch evaluation of the suitability of the PPP model for delivering on social housing".
"We have seen where the promises of housing made by the City Council, to local people, are now under threat as a result of a unilateral decision by the developers to pull the plug. This raises serious questions as to what protections the Council had put in place in the agreement to prevent this kind of situation arising," she said.
"It may be the case that PPPs are not fit for purpose for social infrastructure projects and that in this kind of context, their use should be discontinued."
The Society of St. Vincent de Paul also called for Government action to ensure that more social housing units are provided.
“We are appalled to see that some of the most vulnerable people in the country - homeless families and individuals - are now to take one of the first hits of the economic downturn,” said Mairéad Bushnell, national president of SVP.
“We share the anger and extreme frustration of those fobbed-off once again and who are now stuck with a decision driven resulting from the PPP process - a process fundamentally based on profit and unsuitable, in our view, for dealing with the social housing crisis,” she added.
Meanwhile, regeneration workers in O‘Devaney Gardens and Dominick Street appealed to Dublin City Council and trade unions to support its call for the delivery of the social and community aspects of the regeneration projects.
"On Friday last we issued an appeal to these developers not to pull out of the Partnership. We were ignored and we now find our communities devastated by the news," said the workers in a statement.
"Our communities set out in good faith in this process and hopes were high for a new beginning. Our people were told that there was no alternative to regenerating our areas other than entering into a Private Public Partnership...Between the City Council Pledge (in the Community and Social Charter )and the trade union commitment to a social agenda our hopes and dreams for our communities have not totally faded."
Separately, the Lord Mayor of Dublin Cllr Paddy Bourke has tabled a motion to be debated at the next meeting of the council.
Speaking this afternoon, Mr Bourke said: “I was shocked by the news that the PPP had collapsed after so many years work. We cannot allow such important development work to be dropped. Much of these plans have been in then pipeline for a really long time and there is an urgent need for the regeneration of these areas.
“It is now vital that a new plan is put in place so that the vital social housing and community facilities affected by this development are still provided. I have tabled a motion under Lord Mayor’s business for discussion on Monday evening where I will be seeking a report from the City Manager on this deeply concerning situation.”