According to reports, the Department of Housing is planning to make changes to the scheme, however the Labour Party also called for vacant homes to be brought back into use to help alleviate the crisis.
The party's spokesperson on housing, Jan O'Sullivan, said the low uptake of the scheme shows that despite well-placed objectives, the initiative in its current form is not working and needs to be completely revamped.
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She said: "We have a situation in this country where in the midst of a housing crisis thousands of vacant properties are lying empty, but we have not seen enough urgency from Government on getting these homes back into use.
"In the release of new social housing figures this week there was a noticeable absence of detail of any action taken on the vacant housing front, with just a general reference to 'voids' included in the stock brought into use in 2017.
"Ironically, the voids programme is now being touted by the current Government as their big success. I started the scheme in 2014 during a time of severely tight budgets and it has delivered 2,326 newly refurbished homes in 2014, 2,696 in 2015 and 2,090 in 2016.
"It has been said for some time that we need to drill down into the reasons so many properties are empty, but there is still no sign of the Government's Vacant Homes strategy that was promised last year.
"With nearly 11% of total housing stock vacant here, bringing these homes back into use is the low hanging fruit option still underutilised by Government."
(CD/LM)
