Results 61-80 of 103 for nama speaker:Ruth Coppinger

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

Ruth Coppinger: Mr. Daly said we inherited 14,000 empty homes and then he said NAMA offered the totality of vacant housing stock for social housing. I am just wondering where is the gap.

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...

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.

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

Ruth Coppinger: So even Deputies cannot get hold of what land NAMA holds.

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

Ruth Coppinger: Why did NAMA recommend that? It is not meant to be political.

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

Ruth Coppinger: ...time to ask all the questions I would like to ask of the Minister. They relate to his Department, the EU and capital spending on housing, vulture funds and real estate investment trusts, REITs, NAMA and relevant contracts tax, RCT, and the tax evasion going on in the building industry, which would fall under the Department of Finance as well. I was a bit disappointed with the...

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...

Committee on Housing and Homelessness: Construction Industry Federation (3 May 2016)

Ruth Coppinger: What is the CIF's view on the report at the weekend inThe Sunday Business Post that NAMA has allowed 80 major property developers to walk away from €1.5 billion of toxic debt? The write-off is equivalent to €19 million per developer. How does the CIF feel about this? Is that just? Has Mr. Parlon any views on it, given that ordinary mortgage holders are still being screwed to...

Committee on Housing and Homelessness: Institute of Professional Auctioneers and Valuers (3 May 2016)

Ruth Coppinger: ...rates. Is it not effectively asking the State to carry the can for property developers going bankrupt, particularly at a time when we have written off billions of euro in this economy, through NAMA and in other ways, for builders and developers who made bad investment choices? Is there any reason other than economic self-interest that the State would do that? Why would the State not,...

Committee on Housing and Homelessness: Minister for the Environment, Community and Local Government (28 Apr 2016)

Ruth Coppinger: ...the money has to come from somewhere else and he asked if it is to come from the allocation for health or education. The answer is "No", it is not. It could come from the National Asset Management Agency, NAMA, which has €3 billion in its cash reserves. Delegates from NAMA will appear before the committee, so I do not want to focus on NAMA but there is money in its cash reserves...

Committee on Housing and Homelessness: Minister for the Environment, Community and Local Government (28 Apr 2016)

Ruth Coppinger: It concerns the investment strike of capital among private developers. The chief executive officer of NAMA referred to developers not being happy with a profit of €20,000 to €40,000 on a house that they might build in Dublin. Relying on the private sector to resolve the housing crisis will not work and the Minister has said that developers are hoarding land. Will he accept...

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...

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

Ruth Coppinger: ...will deal with that issue. It should not only be Tom Parlon of the Construction Industry Federation. We need to consider what is happening in the private housing sector, whether from someone from NAMA or someone else. The statements from the private housing sector seem to suggest it is not profitable enough to build, that a mark-up of €20,000 on a house is not enough and that...

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

Ruth Coppinger: Are we all agreed that we are inviting the CEO and the chair of NAMA? That would be Brendan McDonagh and Frank Daly.

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

Ruth Coppinger: I know what the Deputy is saying but there is no harm in having somebody in who also has issues to raise about NAMA.

Committee on Housing and Homelessness: County and City Management Association (26 Apr 2016)

Ruth Coppinger: ...alongside people renting instead of those people having to be evicted. This is critical for the likes of Tyrrelstown. It is constantly brought up that local authorities turn down loads of NAMA properties. Could Mr. Cummins tell us why this is the case and what is unsuitable about them?

Committee on Housing and Homelessness: Business of Committee (20 Apr 2016)

Ruth Coppinger: ...to come out and state there is a need for public house-building on a major scale. This would represent a radical change from the policy of the last Government and its predecessor. The role of NAMA also needs to be discussed at the committee. There is widespread public concern about the way NAMA has been allowed to sell and build properties in certain areas. The people living in these...

Housing and Homelessness: Statements (22 Mar 2016)

Ruth Coppinger: ...must be able to continue to stay in their homes and rent them. A housing association could be established by the Government to see this is done. The developers of this estate owe €42 million to NAMA and the State-owned AIB, which is twice what it would cost to acquire the houses. Why is this not being used as leverage by the Government to acquire these units, implement an...

Nomination of Taoiseach (10 Mar 2016)

Ruth Coppinger: ...finished off while the two parties dither over whether they will carry out abolition. Neither can we wait any longer for a State-backed housing programme to deal with the housing emergency and for NAMA to be declared an agency for affordable housing, which the previous Government refused to do. We need to end the 32-year hypocrisy of the eighth amendment to the Constitution and allow...

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...