Written answers
Tuesday, 13 November 2018
Department of Finance
NAMA Property Construction
Richard 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]
Paschal 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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