Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

Although the provision of 20,000 homes by 2020 would be an important contribution towards meeting the housing supply need that undoubtedly exists in this country, the Minister will appreciate that it would represent just a fraction of the total requirement. Other issues in the private sector, including access to finance and the viability of development projects that are seeking to get under way, still need to be tackled in conjunction with the work that NAMA is doing. Can the Minister confirm his plan for NAMA as it goes forward? It has to conclude its existing mandate under the relevant Act. The Minister has given his approval for NAMA to be involved in the construction of 20,000 homes by 2020, principally in the greater Dublin area. Does he envisage that this work will mark the end of NAMA's role? When will NAMA cease to exist?

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