Results 41-60 of 78 for nama speaker:Barry Cowen

Rent Certainty and Prevention of Homelessness Bill 2015: Second Stage [Private Members] (1 Dec 2015)

Barry Cowen: ...whereby the bank veto gave them the power to ensure that families were put at risk, against the backdrop of housing not being available. I do not understand why the Government is allowing the sale by NAMA of Project Arrow. A portfolio worth €7 billion is reputedly being sold for €1 billion, with 50% of it being residential units. They could be available for people on...

Planning and Development (Urgent Social Housing Supply) Policy Directive 2015: Motion (26 Nov 2015)

Barry Cowen: ...with no issue. However, the Government has failed to do that. We are now told the temporary accommodation units cost €90,000 over and above units that are being sold around the country by Project Arrow. NAMA, through a job lot sale, is selling property worth €7 billion for €1 billion. We are told some 50% of the properties are residential units. They are completed...

Credit Union Sector: Motion (Resumed) [Private Members] (25 Nov 2015)

Barry Cowen: ...of the agreement. Instead, we have seen higher mortgage interest rates, 2% above the European average, with a bank veto on solutions proposed by customers, mass evictions, no social dividend from NAMA and €8 billion of credit union soft deposits sitting in banks ever since. Is it not gas to think that, having been saved by the Irish people, banks are now propped up by the credit...

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht: Review of Estimates for Public Services 2015
Vote 34 - Department of the Environment, Community and Local Government (24 Nov 2015)

Barry Cowen: ...units are finished and ready for people to be housed in. Is the Minister not disappointed that the Government has not given serious consideration to a better return on our investment in respect of the social dividend that one expected from NAMA? Local authorities throughout the country are finalising and preparing budgets for the forthcoming year but they were informed in recent weeks of...

Leaders' Questions (19 Nov 2015)

Barry Cowen: NAMA. Do not go there.

National Asset Management Agency: Motion [Private Members] (20 Oct 2015)

Barry Cowen: ...of 2,338 units, as envisaged over the next four to five years, will only address 30% of the housing list. We were informed when the Government took office that the State would receive a dividend from NAMA, yet we have not seen any such dividend. In the recent budget, the Government informed us that NAMA would build 20,000 new houses. We were informed four or five years ago that the...

Order of Business (30 Sep 2015)

Barry Cowen: ...Community and Local Government. Did he give any background details as to where they might be located, the costs associated with them or the fact that they may or may not have planning permission? NAMA sold 11,000 units in Dublin this year with planning permission. Is emergency legislation needed in order for construction to proceed at an earlier date than the normal procurement or...

Social Housing Policy: Motion [Private Members] (29 Sep 2015)

Barry Cowen: ...authorities year-on-year. If he wants to really do something about this, the Minister should come back in here in a month and say: "problem solved, money given, job done". I heard the Minister discussing NAMA. The dividend from NAMA has been nothing short of useless. I will tell the Minister about the dividend from NAMA. His line Minister for Finance and his Government, in which...

Urban Regeneration and Housing Bill 2015: Report Stage (7 Jul 2015)

Barry Cowen: ...land purchased by local authorities around the country was purchased at exorbitant prices but there has been an inability to both make repayments and develop those lands. Would it be possible for NAMA to give this social dividend in so far as it could make available funding to local authorities to address that issue of land that was purchased and that is now sitting in land aggregation...

Urban Regeneration and Housing Bill 2015: Report Stage (7 Jul 2015)

Barry Cowen: ...land belonging to the person or company that took out the loan in the first instance and the same person or company's inability to meet the demands of the loan. It would lead one to believe that NAMA would be not only taking in trust but taking in charge, which might constitute it as the owner. I would like the Minister of State to elaborate on that in order to set my mind at ease before...

Urban Regeneration and Housing Bill 2015: Report Stage (7 Jul 2015)

Barry Cowen: On foot of the amendment proposed by Deputy Mulherin, I want to add my voice to those of other Members in placing on the record our trepidation with regard to the workings of NAMA since its inception. There is no doubt that the setting up of NAMA was not without its own controversies. There were many fears on the part of the then Opposition Members, who occupy Government benches now, as to...

Spring Economic Statement (Resumed) (29 Apr 2015)

Barry Cowen: The Government should get NAMA or some other agency to negotiate with the banks on the repossession orders they are issuing with a view to getting an independent assessment of each situation. Some people might be in a position to buy back their homes under the mortgage to rent scheme. Does Deputy Hayes know how many people have taken up that option in Offaly? Two people have availed of the...

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht: General Scheme of Planning and Development (No. 1) Bill 2014: Discussion (Resumed) (20 Jan 2015)

Barry Cowen: ...allow the requisite throughput. Most local authorities adopt a haphazard approach to taking estates in charge. It is like our haphazard approach to the social dividend that the State was to derive from NAMA properties. It is incumbent on the authorities, the Government and the Department to consider putting in place in local authorities dedicated NAMA units as well as dedicated and...

Homelessness: Statements (10 Dec 2014)

Barry Cowen: ...the Minister makes every effort to deal with the issue in the short term. In time, there may be an option to reduce that thereafter. Another issue I will mention is the failure on the part of NAMA to provide the sort of social dividend that was predicted by that body and the Government in this regard. In any debates that have taken place over the past two to three years, the Minister of...

Housing Provision: Motion [Private Members] (23 Sep 2014)

Barry Cowen: ...opportunity to move into accommodation which, according to the authorities, is not fit for occupation but which they and their extended families can make fit for purpose and let the rent reflect that thereafter. I have heard the talk about NAMA month after month since this Government took office and of getting 2,000 units from NAMA each year. We should have got 7,000 units by now but...

Other Questions: Social and Affordable Housing Provision (17 Jun 2014)

Barry Cowen: ...throughout the country. The problem is even greater in Dublin. Since the Government took office, we have had a 2011 housing strategy and we were told there would be a social dividend from NAMA. We have also had the Construction 2020 plan and a housing Bill to be finished later today which, as somebody noted in last week's debate, contains no houses but rather deals with housing...

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht: General Scheme of Dublin Docklands Development Authority (Dissolution) Bill 2014: Discussion (10 Jun 2014)

Barry Cowen: ...is viewed in the rest of the country. What procedures are in place for outstanding issues with regard to unfinished estates, outstanding development charges, bonds which have not been adhered to, NAMA and any social benefit there may be to Dublin City Council? Have these been identified and can the Department be assured they will accrue to the local authority?

Housing (Miscellaneous Provisions) Bill 2014: Second Stage (13 May 2014)

Barry Cowen: ...is essentially a home repossession Act, has further exacerbated the problem by giving banks the power to repossess struggling home owners' properties. There have been consistent delays in transferring NAMA properties, as we have said on numerous occasions during Question Time and other debates in the House, with only 500 transferred to date even though ten times that amount has been...

Social Housing and Homelessness Policy: Statements (12 Mar 2014)

Barry Cowen: ...parts of the country, which is driving more and more people onto social housing waiting lists. Homelessness levels are increasing as a result. The woefully slow pace of property transfers from NAMA is testament to the failure of Government to prioritise the issue and provide sufficient administrative and logistical support to voluntary housing associations and local authorities. I...

Topical Issues Debate: Job Protection (11 Mar 2014)

Barry Cowen: ...the level of consultation with the workers in this case has been minimal? Subsequently, and on foot of what has been said to Deputy Mulherin, does he believe and will he acknowledge to us that NAMA has a social obligation and responsibility to seek to pursue the retention of as many jobs as possible? Does he think NAMA is doing that in the proper fashion in this instance? He...