Results 1-20 of 100 for nama speaker:Ruth Coppinger

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

Ruth Coppinger: Now NAMA is building on 46 sites. I do not know about the prices in other areas, and I would be interested in hearing from Deputies in those areas, but in Dublin, what are the prices of these houses and how will they ever do anything to help anyone involved in the housing crisis? There is a way NAMA could house between 50,000 and 100,000 people right now. NAMA could wipe out the social...

Other Questions: NAMA Bonds (7 May 2015)

Ruth Coppinger: The entire matter of NAMA needs to be reviewed. Beginning in March 2010, NAMA purchased loans from five banks for par value or the total borrower debt owed on them in October 2009, which amounted to €74.4 billion. It paid for the loans with NAMA bonds carrying a face value of €31.8 billion. As the bonds were guaranteed by the then Minister for Finance, they are effectively...

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

Ruth Coppinger: I want to ask some questions about NAMA's role in actually contributing to the housing crisis and its very minimal contribution to social and affordable housing. I also want to ask about NAMA's connection to the vulture funds and the impact that has on tenants who are living in those properties. I also want to ask about NAMA's write-downs to developers. Firstly I will turn to NAMA's...

Establishment of a Commission of Inquiry into the National Asset Management Agency: Statements (1 Feb 2017)

Ruth Coppinger: This is a very important discussion because the issue of NAMA is on the list of practically everybody outside this building. I have to refer to the totally self-serving contribution we have just heard from Deputy Burton. She tried to make all sorts of excuses as to why a commission is not needed. She complained that lawyers might get rich; in that case, we should cap their fees and take...

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

Ruth Coppinger: Yes, exactly. The reason I raise this figure is because I am a little sick of hearing about starter homes that NAMA is allegedly delivering all over the country where demand is clear or where demand is greatest, as the witness said in his presentation. There is great demand in Dublin 15 where we have a massive housing crisis. However, there are two NAMA housing estates which are building...

Other Questions: NAMA Bonds (7 May 2015)

Ruth Coppinger: The hope is that NAMA will make money but when NAMA refers to making a profit, it means that it hopes to recoup more than €31.8 billion from the NAMA bonds it gave the banks for the loans, as well as interest on the bonds and its running costs. However, this ignores the loss of €39.6 billion that the State incurred through the State owned banks because of the 57% haircut...

Leaders' Questions (30 Sep 2015)

Ruth Coppinger: ...the managers of those authorities. He knows that is not true. If any councils had the funding to build social houses - which they have done before - they would do it. The Taoiseach says that NAMA's remit is to return money to the taxpayer. It is not - NAMA's remit is to return money to the banks. While it expects to recoup €1 billion for the taxpayer, it will give €12...

Other Questions: NAMA Bonds (7 May 2015)

Ruth Coppinger: My question relates to the value of NAMA bonds to be redeemed for year from 2015 to 2018, broken down on a bank by bank basis, and the cost of NAMA to the State.

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

Ruth Coppinger: NAMA did have 30% of the development land in Dublin. The witnesses keep saying that they only have a relationship with these debtors. The debtors are in default. NAMA can foreclose and repossess at any time. Let us not make out that it is just a little relationship.

Written Answers — Department of Finance: NAMA Portfolio (28 Feb 2017)

Ruth Coppinger: 72. To ask the Minister for Finance if, in view of the public support for the Apollo House occupation, he will support making all remaining suitable NAMA lands available for social and affordable housing and allocating NAMA’s cash reserves towards the provision of social and affordable housing. [2177/17]

Leaders' Questions (30 Sep 2015)

Ruth Coppinger: ...of a housing crisis did the Taoiseach see fit to reduce the social housing obligation on private developers, from 20% to 10%? Why, in the middle of a housing and homeless crisis, is he allowing NAMA to sell off hoards of property at a massive discount? Why is he allowing the biggest construction operation in the world not to come into play to provide social and affordable housing? Will...

Written Answers — Department of Finance: NAMA Operations (15 Feb 2018)

Ruth Coppinger: 109. To ask the Minister for Finance if he will raise with the National Asset Management Agency, NAMA, the development for commercial use of the land used by a club (details supplied) for its playing pitches; his views on whether NAMA is delivering on its social responsibilities to the community; and if he will make a statement on the matter. [7932/18]

Joint Oireachtas Committee on Housing, Planning, Community and Local Government: Derelict Sites and Underused Spaces: Discussion (1 Feb 2017)

Ruth Coppinger: May I make a point of order? It is unfortunate that NAMA is being debated in the Dáil when we are having a meeting of the housing committee on a matter so important. It is not that I am not interested but I am trying to prepare to speak in the Dáil shortly. Can we try to ensure these clashes do not happen again? I know it is difficult. The subject of NAMA is very much related...

Committee on Housing and Homelessness: Social Justice Ireland (26 May 2016)

Ruth Coppinger: ...purpose vehicles will be critical to the committee. Departmental officials will appear before the committee next week to discuss this complex issue. I agree with Social Justice Ireland that NAMA should be used to address the housing problem. I have been arguing for two years that NAMA will be instrumental to resolving the issue because it currently controls one third of all development...

Report of the Committee on Housing and Homelessness: Motion (7 Jul 2016)

Ruth Coppinger: ...increasing the social housing stock through acquisitions, voids, refurbishments and build. The difference is probably 16,000 houses a year, if one bases it on last year. Finally, I will mention NAMA. I do not have time to go into it, but NAMA has sold enough land already for 21,000 houses in key areas where it is needed and it has a claim on, or directly controls, 2,800 hectares of...

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

Ruth Coppinger: I agree that the local authorities must be key to delivering social housing as they delivered it in the past for 80 to 90 years, although there is now another agent, which is NAMA. We have NAMA as a separate issue but it could be asked to deliver much more social housing. Its representatives should come in soon after that session. The role of the local authorities and NAMA must be teased...

Confidence in Taoiseach, the Attorney General and the Government: Motion (22 Sep 2015)

Ruth Coppinger: We are being asked today to vote confidence in the Fine Gael-Labour Party Government. I begin by expressing solidarity with the homeless families in Blanchardstown who are currently occupying a NAMA-built home. They stayed there over night and, by their actions, clearly have no confidence in the Taoiseach or his Government. Last night, I slept on a concrete floor with some of the...

Housing and Homelessness: Motion (Resumed) [Private Members] (18 Nov 2015)

Ruth Coppinger: ...about them and she did this because protest works. People should take heed. In Dublin West we have made housing an absolutely central issue. We have organised public meetings, occupations of NAMA houses and made it an imperative for the Minister to find social housing. I encourage everybody to take part in the protest on 1 December at 5 p.m. The Minister also asked why the...

Leaders' Questions (30 Sep 2015)

Ruth Coppinger: ...fixture, just like the hotels which he told them were only for short-term use. They have been in them for between ten months and one year. When people hear what the Taoiseach has to say about NAMA, and see that he leaves it untouched while they languish in hotels and hostels, would he agree that they are now perfectly entitled to stage occupations of NAMA houses and vacant houses?...

Committee on Housing and Homelessness: Minister for Finance (5 May 2016)

Ruth Coppinger: ...they speak about? The Minister does not seem to see this as a problem, but these funds will quickly sell many of these properties and, as residents in Tyrrelstown and other places will find out, 90% of NAMA's sales have been to vulture funds. The Minister could have shouted "Stop" at any time but he chose not to do so. Many people have concluded that the red carpet was rolled out by the...