Results 141-160 of 296 for nama speaker:Richard Boyd Barrett

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Richard Boyd Barrett: ...properties leaves them empty. This is happening on a major scale. In the committee, I cited an example of which I have intimate knowledge in my area, namely, the Robin Hill flats in Balally. NAMA sat on them, as it were, and then flogged them to a vulture fund which sat on them and tried to evict tenants because it was profitable for it to let flats lie empty and appreciate in value....

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)

Richard Boyd Barrett: ...before but I suspect that it is the tip of the iceberg, I highlighted recently a block of apartments in Sandyford. I refer to the Robin Hill apartments in Balally. The apartments have been owned by NAMA since it was set up. NAMA has sat on between 15 to 20 empty units since it took them over the loan of the developer. Recently, NAMA sold the properties to a vulture fund that tried to...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)

Richard Boyd Barrett: The market had collapsed. Some of us at the time were saying that NAMA should have behaved differently. This might indeed explain the mystery of a case I brought up with the Minister for Finance earlier. It related to apartments in Sandyford. In that case, NAMA was sitting on empty properties and then sold them to a vulture fund. The vulture fund then sat on the empty properties while...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)

Richard Boyd Barrett: Some members said very clearly at the time it was a mistake for NAMA to unload all these property assets and that it should instead have given them to local authorities. It was likely that vulture funds would buy at bargain basement prices. There was considerable debate about whether NAMA was engaged in a fire sale. It is not true to say this was not the subject of hotly-disputed debate at...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)

Richard Boyd Barrett: ...PwC is touting is the fact that this is an array of structures which allows the mitigation or complete elimination of the profits extracted from the Irish property sector, much of them courtesy of NAMA, which flogged this property - our property - to these buyers in order for them to extract profit and pay no tax. This is the greatest scandal this State has seen in recent times. As if...

Financial Resolutions 2018 - Financial Resolution No. 4: General (Resumed) (11 Oct 2017)

Richard Boyd Barrett: ...on what constitutes affordability. Nevertheless, it is still giving them the money. In Cherrywood, we are giving Hines €15 million - having already given it the entire site at a knock-down price from NAMA - yet we do not even know how much affordable housing we will get. It may be 1% or even less than that. At the same time, Hines is saying that €300,000 is not enough...

Financial Resolutions 2018 - Budget Statement 2018 (10 Oct 2017)

Richard Boyd Barrett: ...really beggars belief because in the interim the developers have made it clear that they will not give us affordable housing for the subsidies they are to be given. In my area, Hines, the private developer to which NAMA sold the Cherrywood site, has said that it wants €300,000 to €400,000 or more for affordable houses. How will people afford those? The proportion of the...

Joint Oireachtas Committee on Housing, Planning and Local Government: Action Plan for Housing and Homelessness: Minister for Housing, Planning and Local Government (Resumed) (28 Sep 2017)

Richard Boyd Barrett: ...the percentages of LIHAF and of social housing in Cherrywood? If he does not do those things, we will not solve the problem. There is currently no plan to do anything about that. What will happen to the NAMA land in Cherrywood? I presume it is part of the 20,000 planned units of which we will only get 2,000 for social housing. That is no good; it is not enough. Unless we ramp that...

An Bille um an gCúigiú Leasú is Tríocha ar an mBunreacht (Ceart chun Tithíochta), 2017: An Dara Céim [Comhaltaí Príobháideacha] - Thirty-fifth Amendment of the Constitution (Right to Housing) Bill 2017: Second Stage [Private Members] (20 Sep 2017)

Richard Boyd Barrett: ...it could not get away with it and came back a couple of months later saying it needed to carry out substantial refurbishments and that the residents needed to get out. Robin Hill apartments were in the hands of NAMA. These 20 or so apartments were sitting empty for the past four or five years. NAMA refused to sell them to the council and now the people who own those apartments, our...

An Bille um an gCúigiú Leasú is Tríocha ar an mBunreacht (Ceart chun Tithíochta), 2017: An Dara Céim [Comhaltaí Príobháideacha] - Thirty-fifth Amendment of the Constitution (Right to Housing) Bill 2017: Second Stage [Private Members] (20 Sep 2017)

Richard Boyd Barrett: ...programme of public housing construction; to have used compulsory purchase powers to get hold of vacant properties and building land that is being hoarded for use for public and affordable housing; to use NAMA as a vehicle to deliver social and affordable housing using its land, its assets and its cash; to stop all economic evictions and repossessions; to guarantee security of tenure to...

Ceisteanna - Questions: Cabinet Committee Meetings (20 Sep 2017)

Richard Boyd Barrett: ...Government have left us with a national housing and homelessness emergency. I want to know more about the references the Taoiseach belatedly made - six years too late - to the possibility of NAMA, instead of flogging land and property as it has done for the past six years, being transformed into an agency to deliver social and affordable housing. I know that the Taoiseach is fond of...

Joint Oireachtas Committee on Housing, Planning, Community and Local Government: Department of Housing, Planning and Local Government and Dublin Regional Homless Executive (20 Sep 2017)

Richard Boyd Barrett: ...LIHAF funding? We understand in Dún Laoghaire that for €15 million LIHAF funding for Cherrywood we will get 1% of the Cherrywood development. It is shocking if that is true. Does the Department plan to engage with NAMA given the current discussions and the Taoiseach stating that using NAMA's assets and capacities is long overdue? Has the Government engaged with NAMA about...

Written Answers — Department of Finance: NAMA Legal Fees (26 Jul 2017)

Richard Boyd Barrett: 199. To ask the Minister for Finance the amount NAMA has paid out in legal fees since its inception, by year. [36343/17]

Written Answers — Department of Finance: NAMA Portfolio (26 Jul 2017)

Richard Boyd Barrett: 157. To ask the Minister for Finance the details of all empty properties and land banks in NAMA's assets that have not yet been sold; the negotiations that have taken place to acquire these homes for social and or affordable housing; and if he will make a statement on the matter. [36299/17]

Written Answers — Department of Finance: NAMA Expenditure (26 Jul 2017)

Richard Boyd Barrett: 198. To ask the Minister for Finance the amount NAMA paid out to developers for repair and maintenance of properties it once owned. [36342/17]

Written Answers — Department of Finance: NAMA Operations (26 Jul 2017)

Richard Boyd Barrett: 200. To ask the Minister for Finance the amount NAMA has made available to developers in loan facilities to complete projects by year. [36344/17]

Planning and Development (Amendment) (No. 2) Bill 2017: Second Stage (13 Jul 2017)

Richard Boyd Barrett: ...injunction placed on local authorities in order that they would have had to have gone for more than 10% of the private developments that are being built. 6 o’clock The Government could have changed NAMA's mandate, although that horse has more or less bolted. In so far as the agency has any assets left, the Government could have said "NAMA is not going to sell any more property...

Quarterly Report on Housing: Statements (6 Jul 2017)

Richard Boyd Barrett: ...the fantasy of the HAP and the fantasy that the private market will deal with homelessness and social housing. He must immediately freeze all further sales of National Asset Management Agency, NAMA, property. It has sold €38.1 billion worth of assets in the last five years, assets that could have solved the housing crisis. He must immediately stop the handover through public...

Written Answers — Department of Finance: NAMA Operations (5 Jul 2017)

Richard Boyd Barrett: 46. To ask the Minister for Finance if he will consider a change to the remit of NAMA in view of the ongoing lack of supply in the housing market and the housing and homelessness crisis; and if he will make a statement on the matter. [31475/17]

European Council: Statements (28 Jun 2017)

Richard Boyd Barrett: ...not put unnecessary barriers in the way of inward investment." 3 o’clock That says a lot about what is happening in this country. The vulture funds swoop in to buy up the land and property assets which NAMA sells to them, and the housing crisis is thereby exacerbated and perpetuated. Apparently that is good for us. It indicates how it was actually encouraged. That is why...