Results 21-40 of 48 for nama speaker:Simon Coveney

Ceisteanna - Questions - Priority Questions: Housing Provision (29 Jun 2016)

Simon Coveney: .... Our challenge, therefore, and what we have been doing, is to consider creating vehicles that can provide significant funding for social housing. We already have some of those models. Consider what NAMA has been doing in respect of what is called a National Asset Residential Property Services, NARPS, funding model, whereby it essentially builds or purchases and then effectively leases...

Written Answers — Department of Environment, Community and Local Government: NAMA Portfolio (14 Jun 2016)

Simon Coveney: The role and mandate of NAMA is a matter, in the first instance, for the Minister for Finance. The Programme for a Partnership Governmentincludes a commitment to the preparation and publication of an ‘Action Plan for Housing’. The Action Plan will be drafted with input from a number of key Departments, including the Department of Finance, and drawing on the work of the Special...

Committee on Housing and Homelessness: Minister for the Environment, Community and Local Government (2 Jun 2016)

Simon Coveney: ...perspective. New rent measures were put in place and apartment guidelines were reissued. There is some confusion about that and it would be helpful to clarify why we have made decisions in that area later on. NAMA has outlined its programme to fund the development of 20,000 new homes and a €500 million active capital NTMA development finance package was also put in place. I am...

Committee on Housing and Homelessness: Minister for the Environment, Community and Local Government (2 Jun 2016)

Simon Coveney: ...the figures for other cities but Dublin is where the big numbers are. Clearly, there is a need to release the zoned land and the planning permissions that are currently in place, whether it is through NAMA or private developments, social housing or local authorities - or in reality a combination of all of them. In regard to domestic violence and homelessness, there are a number of issues...

Committee on Housing and Homelessness: Minister for the Environment, Community and Local Government (2 Jun 2016)

Simon Coveney: ...there is planning for 27,000 houses in Dublin, which means the planning system has delivered in a way that can allow house building to start. In terms of the NARPS model, which is a good model, NAMA has essentially created a model which is off-balance sheet that allows it to purchase or make properties available for long-term lease to approved housing bodies. That is a successful model...

Committee on Housing and Homelessness: Minister for the Environment, Community and Local Government (2 Jun 2016)

Simon Coveney: ...the number delivered for many years. We can, though, go beyond that. We have not finalised those figures but the Deputy asked for a sense of where is the social housing strategy and that is a fair reflection. NAMA has the capacity to build a lot of houses, which it will, but we need to be careful we do not turn it into something that would create many more problems than currently exist....

Committee on Housing and Homelessness: Minister for the Environment, Community and Local Government (2 Jun 2016)

Simon Coveney: There are NAMA estates in the Deputy's constituency. However, 20,000 houses will be built and she has no idea what percentage of them will be social housing.

Committee on Housing and Homelessness: Minister for the Environment, Community and Local Government (2 Jun 2016)

Simon Coveney: That is not necessarily true because, through the NARPS model, NAMA is already making houses available for approved housing bodies. The latter has nothing to do with its 10%. Let us not assume the worst all the time. I expect and hope that more than 10% of the NAMA-built properties will be available for social housing through various different mechanisms. Let us work out, development by...

Committee on Housing and Homelessness: Minister for the Environment, Community and Local Government (2 Jun 2016)

Simon Coveney: Hopefully, the Deputy will get some answers then. I am aware that NAMA spent tens of millions of euro doing up properties to make them suitable for social housing. I do not have the exact figure but it was very significant.

Committee on Housing and Homelessness: Minister for the Environment, Community and Local Government (2 Jun 2016)

Simon Coveney: We can have a long debate about the remit of NAMA. The NAMA vehicle was set up to take broken property-related loan books off the banking system and its remit was to try to minimise the financial exposure to the State. That is the remit it continues to work out, which is why it has - and it is unapologetic about it - a commercial remit to try to do that. It is predicting that by 2020 it...

Committee on Housing and Homelessness: Minister for the Environment, Community and Local Government (2 Jun 2016)

Simon Coveney: ...probably the best example, particularly in the case of my own city. I suspect Gormanston is another example. I am not familiar with it but we will look at it. On the build-to-lease side, the NAMA NARPS model is-----

Written Answers — Department of Environment, Community and Local Government: Hazardous Waste Removal (2 Jun 2016)

Simon Coveney: ...Zone, it is subsequently a matter for the relevant development agency (in this instance, Dublin City Council), in consultation with landowners, including the National Asset Management Agency (NAMA) and the wider community, to prepare a planning scheme within which all the matters raised in the Question must be addressed, including carrying out relevant environmental assessments....

Written Answers — Department of Environment, Community and Local Government: Social and Affordable Housing Expenditure (31 May 2016)

Simon Coveney: ...of social housing by providing financial support to local authorities for the longterm leasing of houses and apartments from private owners, developers, Approved Housing Bodies (AHBs) and the NAMA Special Purpose Vehicle, NARPS (National Asset Residential Property Services Ltd). Lease arrangements vary between ten and thirty years in duration and my Department recoups to local authorities...

Other Questions: Social and Affordable Housing Provision (24 May 2016)

Simon Coveney: ...are rapid build houses that look, feel and behave as would a normal modern house. There was a change in approach so we would have long-term solutions for people's housing needs. The role of NAMA is really significant in facing our housing challenges. It is committing to building more than 20,000 housing units and will be central to projects like the new special development zone, SDZ,...

Written Answers — Department of Environment, Community and Local Government: NAMA Social Housing Provision (24 May 2016)

Simon Coveney: Firstly, in relation to the prospect of the specific transfer of land to local authorities or other state bodies, I have to emphasise that NAMA does not own property or land. Its role in relation to property and land is that of a secured lender.  In that capacity, NAMA requires its debtors and receivers to openly market the sale of properties and land to ensure that the best...

Written Answers — Department of Environment, Community and Local Government: Social and Affordable Housing Provision (17 May 2016)

Simon Coveney: In December 2011, the National Assets Management Agency (NAMA) announced that it would facilitate the provision of accommodation for social housing. In the period since, a Steering Group, comprising my Department, NAMA and the Housing Agency, has been working with housing authorities and Approved Housing Bodies (AHBs) towards achieving this objective. The properties under consideration...

Select Committee on Agriculture, Food and the Marine: Estimates for Public Services 2015
Vote 30 - Agriculture, Food and the Marine (Revised) (24 Feb 2015)

Simon Coveney: .... This will allow farmers to negotiate collectively on a legal basis. That is not the case at the moment for farming organisations. It will make a difference. We will be supporting live exports also. Deputy Michael McNamara has been very vocal on this issue. Live exports were up approximately 18% last year across the range from breeding heifers, to calves, weanlings and finished...

Written Answers — Department of Agriculture, Food and the Marine: NAMA Property Sales (5 Mar 2014)

Simon Coveney: I have not had any contact with my British counterpart on the future of the Wimbledon Greyhound Stadium as I understand that NAMA holds the loan advanced to the owners of the stadium. NAMA has indicated to the planning authorities in London that it supports the Galliard led proposed development of the site involving Wimbledon AFC. Furthermore I am informed that approaches have been made to...

Seanad: Adjournment Matters: Animal Welfare (26 Nov 2013)

Simon Coveney: ...for their ownership, pays for their identification documentation and shows proof of an equine-registered address for them to go to. In other words, the days of allowing horses to roam across publicly owned land, NAMA-owned land or abandoned development land are over. We will be starting to confiscate horses from such areas if we believe their welfare is likely to be or is currently being...

Decentralisation Programme (14 Dec 2011)

Simon Coveney: ...reduce costs. It will take time to work out how we can best achieve that objective but we will be completely transparent and people will have the relevant information as soon as it is available. NAMA's job is to maximise the return on the properties it controls. If it has a role to play in regard to properties in Portlaoise I am happy to engage with it. I am not aware of any ongoing...