Results 1-4 of 4 for nama segment:8012912

Written Answers — Department of Finance: National Asset Management Agency (27 Jul 2021)

Richard Boyd Barrett: 439. To ask the Minister for Finance the amount NAMA has made available to developers in loan facilities to complete projects by year up to the end of the second quarter of 2021. [41178/21]

Written Answers — Department of Finance: National Asset Management Agency (27 Jul 2021)

Paschal Donohoe: Since its inception, NAMA has advanced capital funding to its debtors and receivers in cases where it can be shown that such funding will enhance the value of the assets securing NAMA’s loan portfolio. Subject to commercial viability, NAMA funds capital expenditure for the planning, design and construction of new or acquired residential and commercial projects. NAMA also funds...

Written Answers — Department of Finance: National Asset Management Agency (27 Jul 2021)

Richard Boyd Barrett: 440. To ask the Minister for Finance the amount NAMA has paid out to date for repair and maintenance of properties in its portfolio. [41179/21]

Written Answers — Department of Finance: National Asset Management Agency (27 Jul 2021)

Paschal Donohoe: NAMA’s statutory mandate per section 10 of the NAMA Act 2009 is to achieve the best commercial return from its acquired loans. In that context, NAMA judiciously advances funding to its debtors and receivers in order to optimise the disposal value of secured properties. Such funding is provided on a commercial basis and repaid to NAMA when the properties (or loans) are sold. NAMA...