Written answers

Tuesday, 13 November 2018

Department of Finance

NAMA Property Construction

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
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179. To ask the Minister for Finance the new developments in which residential units were funded by NAMA from inception to date in 2018, by the development location and local authority area; and if he will make a statement on the matter. [46750/18]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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I am advised that, since 2014, NAMA has funded the construction of 8,013 new residential units in Ireland on residential development land under the control of its debtors and receivers. It is important to note that NAMA can only fund developments which are under the control of its debtors and receivers and which are commercially viable.

Under Sections 99 and 202 of the NAMA Act, NAMA is prohibited from disclosing confidential debtor information, including information on assets owned by its debtors. It is therefore not possible to identify the exact location of these assets.

The breakdown by local authority area of the units funded by NAMA from inception to end-September 2018 is set out in the table below.

Local Authority Units
Dún Laoghaire Rathdown County Council 2,003
South Dublin County Council 1,482
Fingal County Council 1,328
Dublin City Council 908
Cork County Council 681
Kildare County Council 577
Wicklow County Council 308
Galway City Council 201
Meath County Council 127
Cork City Council 102
Laois County Council 75
Wexford County Council 56
Kilkenny County Council 42
Clare County Council 37
Monaghan County Council 36
Waterford County Council 34
Galway County Council 16
Total 8,013

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