Pat Breen (Clare, Fine Gael)
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Question 53: To ask the Minister for Finance if he expects the National Asset Management Agency to accommodate social objectives in the course of its work; and the way these objectives will be established and funded. [17126/10]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
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NAMA has a commercial remit and generating a return for the taxpayer is a key objective. However, within the context of its commercial remit, NAMA will consider proposals aimed at facilitating public bodies in the creation of vibrant sustainable communities. I have previously indicated that such bodies could be given first option on NAMA properties for a limited period. With regard to social and affordable housing, I understand that the Department of Environment, Heritage and Local Government has made contact with NAMA to explore potential options which would enable such housing to be provided on a commercial basis.