Results 1-20 of 44 for nama speaker:Fergus O'Dowd

Seanad: National Asset Management Agency (30 Jun 2011)

Fergus O'Dowd: I thank Senator Clune for bringing this matter to my attention and I will report the issues she raised directly to the Minister for Finance. NAMA has advised the Minister for Finance that the matter of unfinished estates is complex with no readily available solutions. Although NAMA must strive to achieve and set an overall strategy, solutions may need to be tailored individually to the...

Committee on Housing and Homelessness: National Asset Management Agency (12 May 2016)

Fergus O'Dowd: I welcome the representatives from NAMA. I am very interested in the statistics and figures they have provided. It is a very clear indication of the work they have done as opposed to what people think they might be doing or not doing. I have two major questions. NAMA has identified €164 million worth of infrastructure development. The Minister for Finance said that €100...

Seanad: Adjournment Matters: Unfinished Housing Developments (20 Sep 2012)

Fergus O'Dowd: .... I am taking this debate on behalf of the Minister for Finance and would be happy to bring what the Senator has said to his direct, personal attention. The Minister has been informed by NAMA that the receiver, Farrell Grant Sparks, is in control of this development. NAMA approved the funding of remediation work on this development and the receiver notified it that the works were...

Topical Issue Debate: NAMA Social Housing Provision (3 Jul 2014)

Fergus O'Dowd: ...n Kenny for raising this matter and I have listened with interest to what he has said. The Department of the Environment, Community and Local Government continues to work closely and successfully with NAMA, the Housing Agency, local authorities and approved housing bodies on the delivery of social housing. To the end of the first quarter of this year 1,849 available units identified by...

Seanad: Adjournment Matters: Unfinished Housing Developments (20 Sep 2012)

Fergus O'Dowd: ...the Senator. These houses are in my constituency and I would be very happy to follow up on the matter with the Senator. The first step might be to arrange a meeting with the receivers and with NAMA to go through the issues. NAMA has stated that it was informed that the works were completed but clearly, there is work that was not done. That is the most practical suggestion I can make....

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Fergus O'Dowd: The NTMA is a unique position in that it was established to perform commercial and market-facing functions while being funded from the Exchequer except in the case of NAMA, which reimburses the NTMA from income generated from NAMA's operations for expenses incurred in respect of NAMA. The NTMA operates along private sector lines within a public sector environment managing a complex portfolio...

Committee on Housing and Homelessness: Interim Report of Committee (26 Apr 2016)

Fergus O'Dowd: I would hope there would be so many questions for NAMA it would go on for two days.

Committee on Housing and Homelessness: National Asset Management Agency (12 May 2016)

Fergus O'Dowd: So NAMA offers the houses to the local authorities and they are saying they have too many.

Committee on Housing and Homelessness: Minister for the Environment, Community and Local Government (2 Jun 2016)

Fergus O'Dowd: The point I was making, in response to other points about NAMA being the big bad wolf, was that the agency in fact offered thousands of houses that were not taken up.

Joint Oireachtas Committee on Housing, Planning and Local Government: Action Plan for Housing and Homelessness: Minister for the Environment, Community and Local Government (14 Sep 2016)

Fergus O'Dowd: .... The real tragedy here is the families that will again be homeless in places such as Dublin tonight. Every one of those families would be in an apartment or a house if those units which NAMA had offered to the local authorities in Dublin had been taken up. Nationally, there were 6,700 houses offered by NAMA to local authorities and approximately 2,500 of them were taken up. The Dublin...

Committee on Housing and Homelessness: Housing Finance Agency (24 May 2016)

Fergus O'Dowd: ...it is off balance sheet is a different issue. However, if the EIB was to agree to have it off balance sheet or if the HFA could find a vehicle to do this, theoretically, as an example, could NAMA do it, with the HFA acting as guarantor. Is there a way around this because, theoretically, there should be? It would make a huge difference.

Planning and Development (Housing) and Residential Tenancies Bill 2016 [Seanad]: Report Stage (Resumed) (16 Dec 2016)

Fergus O'Dowd: ...on the web. It is being dealt with. Where there is a significant shortage of houses, this has been introduced and it works. As a member of the housing committee, I looked at this issue about NAMA. I am not commenting on any of the issues that have been discussed in other rooms in this House about properties and all of that. It is an undeniable, incontrovertible fact that NAMA...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Fergus O'Dowd: ..., including the return to mainstream local authority housing construction this year, enhancing the role of the not-for-profit sector in the provision of social homes and continuing to work with NAMA, local authorities and approved housing bodies to maximise delivery of units owned by NAMA or its debtors for social housing. We will identify the best ways to deliver social housing for the...

Seanad: Local Government (Household Charge) Bill 2011: Committee Stage (7 Dec 2011)

Fergus O'Dowd: ...trading companies or whatever which have never been occupied and in respect of which such companies have not obtained an income. There are many such properties and thousands of them are owned by NAMA. If the charge were imposed in respect of them, NAMA would owe the State a fortune. Maidir leis na pointí a luaigh an Seanadóir Ó Clochartaigh, níl ach dhá shlí gur féidir le haon...

Joint Oireachtas Committee on Housing, Planning and Local Government: Review of Estimates for Public Services 2017: Vote 34 - Housing, Planning and Local Government (15 Nov 2017)

Fergus O'Dowd: ...in a different way. I may not get it today. Despite the criticism, there is very good practice. I am the first to criticise the county councils in Dublin which were offered 2,000 houses by NAMA, of which they took less than 1,000. I have criticised Fingal County Council which was offered 270 houses by NAMA but took only 105. It dismisses our figures for the numbers of unoccupied...

Committee on Housing and Homelessness: Minister for the Environment, Community and Local Government (2 Jun 2016)

Fergus O'Dowd: ...scheme. There must be a quid pro quo. We must make it attractive for the private sector to sign up to rather than avoid the HAP scheme. That is happening in some cases. The other point is about NAMA. Local authorities have let down NAMA in the greater Dublin area, as the agency offered the authorities thousands of houses for social housing and they refused them in Dublin. That is a fact.

Joint Oireachtas Committee on Housing, Planning and Local Government: Action Plan for Housing and Homelessness: Minister for the Environment, Community and Local Government (14 Sep 2016)

Fergus O'Dowd: ...me. When councils say there is no demand for housing in an area, that is not actually true if they have not tested that demand. One of the issues that has arisen is councils refusing houses from NAMA. Houses are available but the councils do not actually ask the people who applied, or they do not advertise that homes are available at a location asking applicants if they wish to take...

Committee on Housing and Homelessness: Minister for the Environment, Community and Local Government (2 Jun 2016)

Fergus O'Dowd: ...too because, like yourself, I have sat here. I am the first Government party speaker and I am not going to be rushed in the final part of my question. I spoke about the build-to-lease programme, NAMA homes and landbanks and now I want to mention the planning review. That is key. We need to look again at fast-track planning. I do not know whether it makes sense. Somebody spoke about...

Private Members' Business (3 Nov 2010)

Fergus O'Dowd: ...for 20 years. They have low borrowings. They ran the business well and did not borrow during the boom. However, they are going out of business because they cannot compete with the big guys in NAMA who are not repaying their loans. These guys are cutting the market rate and a good, decent, honest hotel cannot survive in the face of such unfair competition. Why should this hotel go to...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Fergus O'Dowd: ...;45,000 and members receive €22,500. The chairperson of the National Pensions Reserve Fund, NPRF, Commission receives €51,000 and the members of the board receive €34,000. The chairperson of NAMA receives €150,000 and members of the board receive €60,000. Will members of the agency get additional remuneration for being members of the committee. The...