Results 1-20 of 37 for nama speaker:Damien English

Saincheisteanna Tráthúla - Topical Issue Debate: Urban Development (13 Dec 2018)

Damien English: ...the frustration of Deputy Durkan regarding the arbitration-related delays that have been encountered with this project. Kildare County Council continues to engage in advanced discussions with NAMA and the receiver in an attempt to secure a satisfactory sale of the site in question. I am hopeful that there will be a speedy and positive resolution of the issue in the near future once...

Saincheisteanna Tráthúla - Topical Issue Debate: Urban Development (13 Dec 2018)

Damien English: ..., although certainly my Department officials have been in a supportive role and have helped where called upon in the attempts to resolve this. Furthermore, with processes under way involving both NAMA and arbitration, it would be entirely inappropriate for either the Minister for Housing, Planning and Local Government or me as a Minister of State become involved directly in this issue....

Home Building Finance Ireland Bill 2018: Second Stage (Resumed) (5 Jul 2018)

Damien English: ...and put more pressure on the banks and everybody else to play their part. HBFI represents a unique opportunity for the State to leverage its existing resources to address one of the country's most pressing issues. Through NAMA the State has amassed considerable expertise in financing residential developments that have already delivered more than 7,200 new residential units. It is...

Seanad: Commencement Matters: Local Infrastructure Housing Activation Fund (27 Jun 2018)

Damien English: ...more housing projects as well. We want to activate our land. I hear commentary that there are 120,000 sites belonging to the State. That is an exaggerated number. We do not own the lands that NAMA has. We are in control of the loan book, through NAMA, but the State does not own the land and is not in control of what happens that land. Naturally, through NAMA, we are in control of...

Topical Issue Debate: Regional Development (6 Feb 2018)

Damien English: ...on this issue, the management of the stalled town centre development in Naas is a matter for Kildare County Council in the first instance. Furthermore, with processes under way involving both NAMA and arbitration, it would be improper for us, as Ministers, to get directly involved. I further point out that under section 30 of the Planning and Development Act, both I and the Minister,...

Topical Issues: Social and Affordable Housing Provision (19 Oct 2017)

Damien English: ..., but a different party which is not in government now. We are putting the capacity back in the system to do that. Deputy Wallace and I agree on that much, but I disagree with him because the NAMA sites are not State lands.

Topical Issues: Social and Affordable Housing Provision (19 Oct 2017)

Damien English: NAMA has a duty to the debtors, with which it works, to try to maximise the return to those debtors, because most of those guys have debts that they owe and they have to be paid back. We work with NAMA on key sites and we will use NAMA's skills, but there is a difference in the State-owned lands I am speaking about and those which the Deputy claims are State-owned lands. NAMA has a duty to...

Topical Issues: Social and Affordable Housing Provision (19 Oct 2017)

Damien English: ...sense that when we open these sites we would allow a combination of social, affordable and private housing, by which we can get a lot more houses for everyone which will bring prices down. We are on the same page. NAMA has to work with its debtors. They have debts to repay. Everyone knows about those situations for the builders and developers with those debts. They have to repay...

Topical Issue Debate: Naas Town Centre (12 Jul 2017)

Damien English: ...indicated in previous replies, the management of the stalled development in Naas is a matter for Kildare County Council in the first instance. Furthermore, with processes under way involving both NAMA and arbitration, it would be improper for me, as Minister of State, to become involved. It is not appropriate to accept representations on this issue as, under section 30 of the Planning...

Other Questions: Social and Affordable Housing Provision (25 May 2017)

Damien English: ...in the status report are new social homes that have been acquired either through purchase or long-term lease directly by the council or in conjunction with AHBs from various sources, including NAMA and directly from property owners. The development of new social homes under Part V arrangements will be dependent on the advancement of new construction projects in the private sector....

Seanad: Rebuilding Ireland: Statements (21 Mar 2017)

Damien English: ...and public sites and a combination of both. We also want to activate other sites in public ownership outside of the local authorities' ownership. We have asked all agencies that own land, including NAMA, to look at all their sites, site by site, to see how they can be developed for housing, as well as a combination of that mixed tenure to get the balance right on social and private...

Seanad: Commencement Matters: Social and Affordable Housing (2 Mar 2017)

Damien English: ...high-end rents can also live in the city centre and in areas like Poolbeg. I am glad to report that my Department is engaged with this issue and is working with all the relevant interests including NAMA, Dublin City Council and, as the Senator mentioned, the local community. It is essential that this communication continues. Therefore, rather than a pilot scheme per se, we are...

Other Questions: Approved Housing Bodies (23 Feb 2017)

Damien English: ...of houses on many of the lands that have been identified. The Deputy is right to say the key is to try to activate lands that are available by bringing all the players together, including NAMA and others. I am glad the activity of AHBs - their loan approval and drawdown - has been greatly increased in 2016 compared with 2015, and we expect a similar result in 2017 also. We want to...

Topical Issue Debate: Building Regulations (8 Feb 2017)

Damien English: ...an area where we could help, it is something we would look at. I certainly will raise the issue with Clúid housing association, as we have responsibility for it. Deputy Madigan mentioned NAMA as well. The Department does not have any statutory role in resolving defects in privately owned buildings, and these are privately owned buildings. Apart from the statutory powers, we do...

Ceisteanna - Questions - Priority Questions: Local Authority Housing Provision (17 Nov 2016)

Damien English: ...;isín and were taken over by Clúid earlier this year. Galway City Council has also secured 261 units through long-term leasing arrangements, including 50 new units under Tuath at Ballyburke through the NAMA special purpose vehicle, the National Asset Residential Property Services, NARPS. A target of 518 social housing units over the period 2015 to 2017, supported by a...

Seanad: Poverty and Homelessness: Motion (15 Jun 2016)

Damien English: ...kick-in until 2019. However, the threat of its application will progress site development at a quicker pace. Revision of the departmental guidelines will also help in terms of the Department's work with NAMA and its plan to provide 20,000 new homes. These are all useful efforts to try to stimulate the housing market. The Government accepts that this is not enough and that it has not...

Adjournment Debate: Development Capital Scheme (31 May 2016)

Damien English: ...s current caseload. We will look to see what we can do to make progress in this regard because the long delay is unsatisfactory. The remainder of the stalled town centre development in Naas is in NAMA, but I understand that the council, in parallel with the arbitration proceedings, has been engaged in ongoing discussions with relevant parties with a view to advancing development of the...

Seanad: National Mortgage and Housing Corporation Bill 2015: Second Stage (4 Nov 2015)

Damien English: .... The Government is conscious of this requirement and public initiatives are needed to stimulate the provision of new housing. Accordingly, in budget 2016 the Minister for Finance outlined plans by the National Asset Management Agency, NAMA, to deliver a target of 20,000 residential units before the end of 2020. Approximately 90% of these units will be in the greater Dublin area and...

Companies (Miscellaneous Provisions) Bill 2013 [Seanad]: Second Stage (Resumed) (28 Nov 2013)

Damien English: ...from the equation because he will obviously get paid and that means high costs. That is not acceptable either and we need to watch that practice to ensure it is not abused. Let us consider the way NAMA works generally. Although the taxpayer may not always fully get what is going on or fully like it, it is often in the best interests of the State to let the developer trade out and work...

EU-IMF Programme: Statements (Resumed) (5 May 2011)

Damien English: ...agreed in this review. We now have agreement to review progress half way through the programme and to make changes as we proceed with it. The other important issues involve the proposed changes to NAMA. I had a serious difficulty with NAMA when it was set up and I was one of the few to speak about it in this House. NAMA was wrong from day one and it is still wrong. However it, too, is...