Results 1-20 of 105 for nama speaker:Alan Kelly

Written Answers — Department of Environment, Community and Local Government: NAMA Social Housing Provision (10 Dec 2015)

Alan Kelly: The National Asset Management Agency (NAMA) funding and financial decisions are a matter for NAMA in accordance with its statutory independent commercial mandate. However, I welcome the announcement by NAMA that, within the context of that mandate, it expects to be in a position to fund the construction of up to 20,000 new residential units, predominantly located in Dublin and the...

Written Answers — Department of Environment, Community and Local Government: NAMA Social Housing Provision (10 Dec 2015)

Alan Kelly: The National Asset Management Agency (NAMA) funding and financial decisions are a matter for NAMA in accordance with its statutory independent commercial mandate. However, I welcome the announcement by NAMA that, within the context of that mandate, it expects to be in a position to fund the construction of up to 20,000 new residential units, predominantly located in Dublin and the...

Written Answers — Department of Environment, Community and Local Government: NAMA Portfolio (20 Apr 2016)

Alan Kelly: The National Asset Management Agency (NAMA) does not own or manage properties. NAMA’s role in relation to properties is that of a secured lender. Properties securing NAMA’s loans continue to be managed by their legal owners, or in the case of enforcement, on their behalf by duly appointed insolvency practitioners. While my Department is working closely with NAMA to ensure that...

Written Answers — Department of Environment, Community and Local Government: NAMA Portfolio (27 Apr 2016)

Alan Kelly: The National Asset Management Agency (NAMA) does not own or manage properties. NAMA’s role in relation to properties is that of a secured lender. Properties securing NAMA’s loans continue to be managed by their legal owners, or in the case of enforcement, on their behalf by duly appointed insolvency practitioners. While my Department is working closely with NAMA to ensure that...

Written Answers — Department of Environment, Community and Local Government: NAMA Social Housing Provision (10 Dec 2015)

Alan Kelly: I propose to take Questions Nos. 203 to 205, inclusive, together. The National Asset Management Agency (NAMA) continues to play an important role in the delivery of social housing. To the end of September 2015, a total of 1,600 NAMA residential properties had been delivered for social housing use, comprising 1,241 completed properties and a further 359 that have been contracted and where...

Written Answers — Department of Environment, Community and Local Government: NAMA Social Housing Provision (10 Dec 2015)

Alan Kelly: My Department is working closely with the National Asset Management Agency (NAMA) to ensure that all opportunities to identify and secure housing units for social housing use are maximised. To the end of September 2015, a total of 1,600 NAMA residential properties had been delivered for social housing use, comprising 1,241 completed properties and a further 359 that have been contracted and...

Written Answers — Department of Environment, Community and Local Government: NAMA Property Sales (2 Dec 2014)

Alan Kelly: My Department is working closely with NAMA, the Housing Agency, local authorities and approved housing bodies in relation to the delivery of social housing. Detailed information in relation to the delivery of NAMA sourced units, including a full breakdown by county, by local authority and by Approved Housing Body, of units delivered on a quarterly basis, is available on the Housing...

Written Answers — Department of Environment, Community and Local Government: NAMA Social Housing Provision (9 Dec 2015)

Alan Kelly: The National Asset Management Agency (NAMA) continues to play an important role in the delivery of social housing. To the end of September 2015, a total of 1,600 NAMA residential properties had been delivered for social housing use, comprising 1,241 completed properties and a further 359 that have been contracted and where completion work is on-going. A further 486 properties are considered...

Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018)

Alan Kelly: I thank the witnesses. That was helpful. I have two final questions. Strategic development zones, SDZs, have been mentioned and were outlined in NAMA's letter. Regarding a number of other sites, it is inexplicable that NAMA hit certain roadblocks getting them to the development stage. The example of the Dublin docklands was given. It has pushed on to 61%. The Poolbeg site situation...

Written Answers — Department of Environment, Community and Local Government: Social and Affordable Housing Provision (13 Oct 2015)

Alan Kelly: Following proactive engagement between NAMA, the Housing Agency and my Department, a process has been established since late 2011 to ascertain whether residential properties made available by NAMA, through its borrowers and receivers, are suitable for social housing.  Properties that are deemed suitable may be leased or purchased by local authorities or Approved Housing Bodies (AHBs)...

Written Answers — Department of Environment, Community and Local Government: NAMA Social Housing Provision (13 Oct 2015)

Alan Kelly: Following proactive engagement between NAMA, the Housing Agency and my Department, a process has been established since late 2011 to ascertain whether residential properties made available by NAMA, through its borrowers and receivers, are suitable for social housing.  Properties that are deemed suitable may be leased or purchased by local authorities or Approved Housing Bodies (AHBs)...

Written Answers — Department of Environment, Community and Local Government: NAMA Property Sales (17 Nov 2015)

Alan Kelly: The Government has enabled and facilitated the National Asset Management Agency (NAMA) in playing an important role in the delivery of housing supply generally, and social housing in particular.  In Budget 2016, the Minister for Finance announced that NAMA, having carried out a review of residentially zoned sites under the control of its debtors and receivers, is aiming to fund the...

Written Answers — Department of Environment, Community and Local Government: Local Authority Housing (13 Jan 2016)

Alan Kelly: The Government has enabled and facilitated the National Assets Management Agency (NAMA) in playing an important role in the delivery of housing supply generally and social housing in particular. In that context, NAMA affords public bodies first option on the acquisition of land and property required for demonstrable public purposes. In that context, NAMA has had ongoing engagement and...

Written Answers — Department of Environment, Community and Local Government: NAMA Social Housing Provision (3 Nov 2015)

Alan Kelly: Since December 2011, my Department and the Housing Agency have been engaged with NAMA identifying properties that might potentially be suitable for social housing purposes. Full details of units offered to local authorities and delivered under this process, including a break down by local authority, is available on the website of the Housing Agency at /NAMA. Since the process began, up to...

Written Answers — Department of Environment, Community and Local Government: NAMA Properties (15 Jul 2015)

Alan Kelly: The management of properties, including vacancies, associated with loans that NAMA has acquired is a matter solely between NAMA and the debtor involved. I understand from NAMA that it has an extremely low vacancy level. Properties are either actively on the market for sale or are currently let. Once a property is ready for occupation it is immediately made available to the market by NAMA or,...

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)

Alan Kelly: Past or present. Sorry. I have raised this issue before. What about the step-down process whereby a payment could be made to somebody involved with NAMA through someone getting a payment from Cerberus? In other words, did NAMA ensure categorically that those it was doing business with could not make success payments to anyone associated with NAMA?

Written Answers — Department of Environment, Community and Local Government: NAMA Social Housing Provision (17 Nov 2015)

Alan Kelly: The Government has enabled and facilitated the National Asset Management Agency (NAMA) in playing an important role in the delivery of housing supply generally, and social housing in particular.  In that context NAMA affords public bodies first option on the acquisition of land and property required for demonstrable public purposes. In the context of social housing delivery, NAMA has...

Written Answers — Department of Environment, Community and Local Government: NAMA Social Housing Provision (15 Apr 2015)

Alan Kelly: My Department continues to work closely with NAMA, the Housing Agency, local authorities and approved housing bodies in relation to the delivery of social housing. NAMA has made significant numbers of housing units available through the Housing Agency to local authorities and approved housing bodies for social housing. This includes units provided through the NAMA special purpose vehicle,...

Written Answers — Department of Environment, Community and Local Government: Housing Issues (22 Mar 2016)

Alan Kelly: The National Asset Management Agency (NAMA) is already playing an important role in the delivery of social housing. To the end of December 2015, a total of 2,000 residential properties which are part of the security for loans that NAMA has acquired had been secured for social housing use . These comprise 1,426 completed properties and a further 574 that had been contracted and where...

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)

Alan Kelly: I just wanted to ask. There has been a debate on the valuation of the assets. NAMA has gone through this matter in detail. Is there any validity in NAMA's argument that, in light of the information that it has provided to us, including on asset locations, the assets would have deteriorated in value over time if NAMA had not got rid of them quickly?