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Results 1-4 of 4 for nama segment:8109857

Seanad: Nithe i dtosach suíonna - Commencement Matters: National Asset Management Agency (8 Dec 2021)

Victor Boyhan: ...of State, Deputy Fleming, for coming to the House from the Department of Finance to discuss what I think is a really important issue. I refer to the need for the Minister to make a statement on NAMA-controlled lands estimated at 426 ha with planning permission for housing and zoned residential use sufficient to build at least 20,000 new homes. I wish to put on the record of the House...

Seanad: Nithe i dtosach suíonna - Commencement Matters: National Asset Management Agency (8 Dec 2021)

Seán Fleming: I thank the Senator for raising this issue. The issue of housing and NAMA is always a matter for discussion and should regularly be discussed in the Seanad and Dáil Éireann. As the Senator rightly said, the taxpayer heavily invested in bailing out the banks originally. As a preamble, the five banks the Senator mentioned that were bailed out and whose commercial loans were...

Seanad: Nithe i dtosach suíonna - Commencement Matters: National Asset Management Agency (8 Dec 2021)

Victor Boyhan: ...for the 31 local authorities. There is potential for the Land Development Agency to look at some of this or to work and collaborate with people involved in this land. We must always remember what NAMA was set up for. I understand it is leveraging its assets versus available land. The Minister of State made a very valid point in summing up on Irish Water. We now see as a regular...

Seanad: Nithe i dtosach suíonna - Commencement Matters: National Asset Management Agency (8 Dec 2021)

Seán Fleming: ...challenging for developers throughout the sector. Some sites that have planning permission in place are not viable to build on, and this is especially true for certain apartment blocks. Under NAMA's legislation, commercial viability is the most important and relevant factor for NAMA-funded residential development. This basically means that NAMA can only finance developments that are...

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