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People matching 'nama'

Results 161-180 of 5,235 for nama

Seanad: Nithe i dtosach suíonna - Commencement Matters: National Asset Management Agency (8 Dec 2021) See 3 other results from this debate

Victor Boyhan: ...of State, Deputy Fleming, for coming to the House from the Department of Finance to discuss what I think is a really important issue. I refer to the need for the Minister to make a statement on NAMA-controlled lands estimated at 426 ha with planning permission for housing and zoned residential use sufficient to build at least 20,000 new homes. I wish to put on the record of the House...

Finance Bill 2021: Report Stage (Resumed) and Final Stage (2 Dec 2021)

Richard Boyd Barrett: ...Finance and these investor funds, where they no doubt became acquainted with the tax breaks that were available if they invested in the Irish property sector. They moved in at scale and bought up NAMA's portfolio, which was the biggest property portfolio in the world at the time and was in public hands. NAMA had cash sales of approximately €40 billion but the actual value of that...

Written Answers — Department of Housing, Planning, and Local Government: State Bodies (30 Nov 2021)

Peter Burke: ...required in 2024 to assist in funding the following: - Pipeline of housing including on additional State lands; - Accelerated housing through Project Tosaigh; and - the National Asset Residential Property Services (NARPS) D.A.C from NAMA. The LDA currently employs 51 staff members and continues to actively recruit staff, with a further 2 employees expected to join by the end of 2021. In...

Planning and Development (Amendment) (Large-scale Residential Development) Bill 2021 [Seanad]: Second Stage (25 Nov 2021) See 1 other result from this debate

Colm Burke: ...demand for housing is because more than 400,000 new jobs were created between 2012 and 2019. We also had the situation of trying to respond to the demand when most of the major builders were in NAMA. There was also a huge issue around access to funding. Previously, builders would get money from banks where they could build 100 houses, but now the same builders are only able to get...

Ceisteanna - Questions: Commissions of Investigation (23 Nov 2021) See 1 other result from this debate

Micheál Martin: ...that it involved a substantial degree of uncertainty regarding the amount of costs actually recoverable by the parties before it and assumed its legal costs guidelines are not successfully challenged. The NAMA commission of investigation was established in June 2017 following consultations with Opposition parties to investigate the sale by NAMA of its Northern Ireland portfolio, known as...

Seanad: Nithe i dtosach suíonna - Commencement Matters: National Asset Management Agency (18 Nov 2021) See 3 other results from this debate

Lynn Ruane: I thank the Minister of State for being in the Chamber. We need to talk about the National Asset Management Agency, NAMA, and, more specifically, what the agency is doing to fulfil its mandate to contribute to the economic and social development of Ireland. While the agency may be fulfilling its economic mandate, it has dropped the ball regarding its contribution to the social development...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021) See 2 other results from this debate

Richard Boyd Barrett: ...get, we get at a vast cost, far in excess of anything we would have paid if we had provided this directly on lands, taking Cherrywood as an example, which we actually had in our possession. These were NAMA lands. We gave them to the funds. They built completely overpriced stuff. They lease a little bit back to us at astronomical cost. We still do not know how much affordable housing...

Written Answers — Department of Finance: National Asset Management Agency (16 Nov 2021) See 1 other result from this answer

Eoin Ó Broin: 226. To ask the Minister for Finance the volume of development land in hectares currently held by NAMA or for which NAMA has an interest in tabular form; the amount of the land that has active planning permission; the number of residential units that are included as part of the planning permissions; and the number of these residential units that are currently commenced and under construction....

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (16 Nov 2021)

Richard Boyd Barrett: ..." the Irish property sector, will turn out to be one of the greatest mistakes ever made in this State. It has contributed directly to the housing disaster we now face. It is bad enough that NAMA has got €40 billion in cash for the property it has sold and unloaded so far, mostly to these types of vehicles, from 2012 and 2013 onwards, when it should have used that property...

Ceisteanna ó Cheannairí - Leaders' Questions (11 Nov 2021)

Richard Boyd Barrett: ...the rental accommodation scheme, RAS and leasing arrangements will have cost €1.8 billion. This will go to the private sector. In most cases, it will be to pay for properties that the National Asset Management Agency, NAMA, sold, another decision made by that Government. This is, in itself, fairly extraordinary. One target in Rebuilding Ireland that the Minister met when he had...

Public Accounts Committee: Business of Committee (11 Nov 2021)

Catherine Murphy: Every one of us wants the State to end up with the maximum return. The criticism of some of the early sales in regard to NAMA was that many of us felt it was a fire sale in that properties were sold when the market as at rock bottom as opposed to when we had a rising market. In being critical of that, we equally need to argue that we need to get the maximum here. It is a balancing act in...

Written Answers — Department of Housing, Planning, and Local Government: Housing Schemes (11 Nov 2021)

Darragh O'Brien: ...connections to Dublin Port and North Lotts. The residential potential within the available lands is for a maximum of 3,500 additional residential units.  The National Asset Management Agency (NAMA) is the responsible agency for the progression of this site in line with the requirements of the NAMA Act.  In June 2021, following a comprehensive international open...

Written Answers — Department of Finance: National Asset Management Agency (9 Nov 2021)

Paschal Donohoe: NAMA was established in December 2009 as part of the State’s response to the 2008 banking crisis with a very specific legal mandate, which was approved by the European Commission in 2010, to deal expeditiously with its acquired loan portfolio and to extract best value from that portfolio. NAMA has been successful in achieving this mandate and has now entered into the final phase of its...

Written Answers — Department of Education and Skills: Site Acquisitions (9 Nov 2021)

Catherine Murphy: 399. To ask the Minister for Education and Skills if she has engaged with NAMA or a receiver in respect of a site in Donaghcumper, Celbridge, County Kildare that is suitable for a school building project; and if she has an alternative plan in place if the site cannot be secured. [54029/21]

Public Accounts Committee: Business of Committee (4 Nov 2021)

Brian Stanley: ...Lawlor, senior communications and public affairs manager with the National Asset Management Agency, dated 18 October. It is information requested by the committee arising from our meeting with NAMA on 30 September 2021. NAMA states: Approximately 2,450 units were deemed unsuitable or were not required by local authorities at the time. Such units were then offered to the open market...

Finance Bill 2021: Second Stage (Resumed) (3 Nov 2021)

Peadar Tóibín: ...a 2% rent cap. There is no excuse for any rent increases at all at present. It is absolutely incredible that the Government would still allow rents to be increased. The Taoiseach was asked a couple of weeks ago if he would repurpose NAMA to ensure we could provide far more social and affordable houses. He did a great dodge. He basically said that NAMA's job is to protect the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Central Bank (Individual Accountability Framework) Bill 2021: Central Bank (3 Nov 2021)

Peadar Tóibín: ...system and those commissions of investigation are anything but satisfactory. They have been going on for years and are costing massive amounts of money. I am thinking of the commissions of investigation relating to NAMA and the IBRC. Would it not be better for the State to have a department or an office of investigations that could actually build the critical skill sets needed to be...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Corporate Governance (2 Nov 2021)

Peadar Tóibín: On a slightly left-field note, this country is also dealing with a big problem relating to commissions of investigation. For example, the NAMA investigation established in June 2017 was meant to be completed in 2018 but now has an extension until December 2021 at least. It has spent approximately €2.5 million but that figure is likely to reach approximately €10 million. There...

Written Answers — Department of Finance: National Asset Management Agency (2 Nov 2021) See 6 other results from this answer

Neasa Hourigan: 244. To ask the Minister for Finance his plans to amend the National Asset Management Agency Act 2009 to allow NAMA to build affordable housing on its land holdings instead of the need to maximise commercial returns; and if he will make a statement on the matter. [52055/21]

Written Answers — Department of Finance: National Asset Management Agency (2 Nov 2021) See 1 other result from this answer

Chris Andrews: 270. To ask the Minister for Finance if he will engage with NAMA on the issue of NAMA transferring its interest in the glass bottle site, Ringsend to Dublin City Council in order to provide the 600 social and affordable homes that were committed to; and if he will make a statement on the matter. [52635/21]

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