Michael Noonan (Limerick City, Fine Gael) | Oireachtas source

NAMA advertised for joint ventures and received the results in the past two weeks. There is huge interest in providing housing in Dublin through joint ventures between NAMA and experienced building companies with the use of foreign finance. NAMA has told me it is very confident that in the next five years or so it can produce 22,500 private houses - family homes - in Dublin. We are getting there, but in a broken market it is difficult to come forward with solutions.

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