Oireachtas Joint and Select Committees

Thursday, 30 September 2021

Public Accounts Committee

NAMA Financial Statement 2020 and Special Report 111 of the Comptroller and Auditor General

9:30 am

Photo of Imelda MunsterImelda Munster (Louth, Sinn Fein) | Oireachtas source

I imagine it was a funding issue from the perspective of the local authorities. They were trying to get the funding to purchase the houses.

I will move on to the commercial residential targets. In 2015, NAMA set a target of 20,000 units and by the end of 2018 the delivery date was changed to the end of 2021 and the target was revised down by a third.

What happened in the intervening period to cause that?

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