Jimmy Deenihan (Kerry North-West Limerick, Fine Gael)

Basically, we hope to have discussions with NAMA as soon as possible and we have written to it requesting it. I contacted NAMA directly in two cases in which buildings related to the arts were involved which are housing arts projects at present. NAMA seemed to be sympathetic. It was appointed by the House to get a return for the taxpayer.

However, one must consider social capital as well. There should be a social and cultural return and this may be equally as important as getting a good financial return. People should consider where NAMA buildings are located and whether they are available throughout the country so that communities can focus and put in place arrangements to try to acquire these for community purposes. It could lead to many possibilities. I thank the Deputy for the direction of her question. When I am speaking to the NAMA people I will bring this to their attention.

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