Paudie Coffey (Waterford, Fine Gael) | Oireachtas source

I reiterate that NAMA has confirmed the delivery of 20,000 residential units by 2020 and it estimates that 90% of the 2020 target will be in the greater Dublin area where the need is greatest. Approximately 75% of these units will be starter homes, 10% of which, as per Part V, will be provided for social housing. The Deputy will be aware from his participation in debates in this House that the cash-in-lieu measure has been abolished. In regard to his criticism of the reduction to 10%, this was done to address the viability issues of development in what is currently a dysfunctional market.

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