Oireachtas Joint and Select Committees
Thursday, 12 May 2016
Committee on Housing and Homelessness
National Asset Management Agency
10:30 am
Mr. Frank Daly:
There are many things on which, perhaps, we will not agree.
In regard to NAMA land, we mentioned earlier that we have about 2,800 hectares but about 1,500 hectares of that is required to deliver NAMA's 2020 target of 20,000 houses. We are looking at the balance of the land all the time to see what are the possibilities. To be honest with the Deputy, much of it is land which probably will never be built on. Much of it was bought with hope value and will probably go back to agricultural use.
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