Dáil debates

Tuesday, 15 November 2011

 

Social and Affordable Housing

3:00 pm

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein)

That was an interesting question from Deputy Stanton. Does the Minister believe NAMA is fulfilling its legal requirement to contribute to the social development of the State? The agency is asked to contribute to the State's social development without a price benefit to it. It is not about the first offer to a local authority. I accept it has released some lands through which roads could be built but it has a large property asset portfolio. Does the Minister believe the agency is significantly contributing to the social development of the State, as required by law? What are the Government's plans to ensure the agency lives up to this provision which was inserted into the original legislation?

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