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

The issue in the question is whether NAMA is delivering on its social mandate under the NAMA Act. I have already stated that it has delivered 2,370 residential units through NARPS. When it began in 2010, there were 332 unfinished housing estates. There is now 11 because it finished out all those estates. It has, therefore, contributed significantly to housing supply. It is also now committed to facilitating the delivery of 20,000 homes between 2016 and 2020 and it has delivered 4,700 of those already. It has also supplied a quantity of sites for primary and secondary schools. It has provided facilities for sports clubs throughout the country and has worked closely with IDA Ireland to supply premises or sites for companies coming in from abroad that are creating jobs. My point is that NAMA is very strong in fulfilling the social mandate that it was given by this House under the relevant section of the Act.

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