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Results 21-40 of 296 for nama speaker:Richard Boyd Barrett

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)

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...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)

Richard Boyd Barrett: ...sector and whether there is an oversupply. It gets my goat when I see the Seamark Building while travelling on the Merrion Road. I do not know whether the Minister has ever passed it. One of the NAMA developers, Bernard McNamara, built the big blocks beside St. Vincent's University Hospital. They are huge impressive looking buildings. There are about seven or eight of them. At least...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)

Richard Boyd Barrett: ...solve the crisis; their intention was to benefit from the crisis. In the process, they have made it worse. What is the alternative? There was an alternative then and that was to have used the NAMA portfolio for what it should have been used for, and some of us were absolutely explicit in pleading-----

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...

Rental Sector: Motion [Private Members] (19 Oct 2021)

Richard Boyd Barrett: ...rents were not falling and the decrease in rents would not last for long, which it did not, and that a housing crisis was looming because of that decision. To compound that, a policy was embarked upon under which the National Asset Management Agency, NAMA, which had all this property flogged it off to vulture funds, the same people who are now charging these extortionate rents. In...

Ceisteanna ó Cheannairí - Leaders' Questions (19 Oct 2021)

Richard Boyd Barrett: NAMA is. It is also sitting on empty properties.

Ceisteanna ó Cheannairí - Leaders' Questions (19 Oct 2021)

Richard Boyd Barrett: The Taoiseach is misleading people. He is correct that the mandate set by the Government for NAMA is to blame for this outrageous situation. Let us remember what is at stake here: thousands of families are homeless, almost 100,000 families are on housing waiting lists and 70% of working people are completely priced out of the housing market. The truth is the NAMA legislation first of all...

Ceisteanna ó Cheannairí - Leaders' Questions (19 Oct 2021)

Richard Boyd Barrett: At the weekend, Mr. Killian Woods in the Business Postrevealed that the National Asset Management Agency, NAMA, was in possession of 54 units - let us call them what they are, namely, potential homes - in Prospect Hill, Finglas, 28 of which were vacant and 26 of which had been empty for a decade. That is an incredible fact for a publicly owned agency. This report confirmed and provided...

Housing for All: Statements (28 Sep 2021)

Richard Boyd Barrett: ...landlords. If such action is justified in Berlin to deal with unaffordable rents and a lack of tenants' rights, it is doubly justified here because all of those vultures, cuckoos and corporate landlords got their property from us via NAMA. What had a nominal value of €40 billion is probably worth approximately €100 billion now. They also get tax breaks and day-to-day money...

Written Answers — Department of Finance: National Asset Management Agency (27 Jul 2021)

Richard Boyd Barrett: 439. To ask the Minister for Finance the amount NAMA has made available to developers in loan facilities to complete projects by year up to the end of the second quarter of 2021. [41178/21]

Written Answers — Department of Finance: National Asset Management Agency (27 Jul 2021)

Richard Boyd Barrett: 440. To ask the Minister for Finance the amount NAMA has paid out to date for repair and maintenance of properties in its portfolio. [41179/21]

Written Answers — Department of Finance: National Asset Management Agency (27 Jul 2021)

Richard Boyd Barrett: 442. To ask the Minister for Finance the details of empty properties and land banks that have not yet been sold with regard to the assets of NAMA; and the negotiations that have taken place to acquire these homes for social and-or affordable housing. [41181/21]

Finance (Covid-19 and Miscellaneous Provisions) Bill 2021: Committee and Remaining Stages (7 Jul 2021)

Richard Boyd Barrett: ...Party Government, the Fine Gael-Independents Government and the current Government in that they have actively encouraged vulture and cuckoo funds to come in and take over what was virtually the entire NAMA portfolio. Now they are coming in to buy up new estates and they are pricing the first-time buyer or ordinary working person who wants to buy out of the market. The policy is...

Finance (Covid-19 and Miscellaneous Provisions) Bill 2021: Second Stage (1 Jul 2021)

Richard Boyd Barrett: ...to allow that to continue. What we need to do is to exclude these vultures from the market completely. We need to recover and rescue people from the situation in which we find ourselves as a result of the disastrous policies of NAMA which unloaded the property, sites and so on that put these cuckoo funds and investment funds in charge and in control of this country's dysfunctional...

Land Development Agency Bill 2021: Report and Final Stages (30 Jun 2021)

Richard Boyd Barrett: .... This speaks to a major concern that we have about the conception that the Government has about the Land Development Agency. I remember the debates about the National Asset Management Agency, NAMA, what the agency would achieve and why it was such a good idea. As time went on, it became increasingly apparent that NAMA had a problem with delivery. Some of us did not like the idea of...

Ceisteanna ó Cheannairí - Leaders' Questions (30 Jun 2021)

Richard Boyd Barrett: ...;100,000. That is not affordable. It is completely unacceptable that house prices would be at that level on public land such as 20% of the strategic development zone land, SDZ, in Poolbeg, which is still in the hands of NAMA. This is unacceptable. Why has the Minister reneged on the commitment he gave to the committee to ensure that publicly-owned land would be 100% genuinely social...

Affordable Homes in the Poolbeg Strategic Development Zone: Motion (29 Jun 2021)

Richard Boyd Barrett: ...homes is secured”: “— affordable shall be defined as a price that ensures the tenant or owner is not paying more than 25 per cent of their earnings on either mortgage or rent; and — where the NAMA lands are transferred to DCC, the homes on this portion of the land will all be social or affordable.”

Affordable Homes in the Poolbeg Strategic Development Zone: Motion (29 Jun 2021)

Richard Boyd Barrett: ...situation in my constituency with Cherrywood, another massive development site where there is the same scandal. Not only is there the scandal with this site that there was a possible arrangement for NAMA to sell it to Dublin City Council, which did not happen for unexplained reasons, but the big scandal, as I have repeated many times here, is the fact that we had the biggest real estate...

Affordable Housing Bill 2021 [Seanad]: Second Stage (24 Jun 2021)

Richard Boyd Barrett: ...x20ac;350,000. That disappeared within a few weeks because it became obvious that the developers were not going to wear that in areas like Cherrywood. We still have no idea four years on, and ten years since much of that came into the hands of the National Asset Management Agency, NAMA, and was then handed over to Hines and others, how much affordable housing we are going to get or what...

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