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NAMA Property Construction

Dáil Éireann Debate, Tuesday - 24 June 2014

Tuesday, 24 June 2014

Questions (181)

Stephen Donnelly

Question:

181. Deputy Stephen S. Donnelly asked the Minister for Finance further to the announcement by the National Asset Management Agency to build 4,500 new homes in Dublin by 2016, if he will confirm the number of homes completed to date; the number actively being constructed at present; and if he will make a statement on the matter. [27371/14]

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Written answers

NAMA has said that it expects to fund the delivery of 4,500 houses and apartments to serve the Greater Dublin Area in the period from 2014 to end-2016.  Of this total, 334 properties have been completed to date in 2014, 1,523 are currently under construction with the balance at the pre-construction or planning stage and are expected to be constructed in 2015 and 2016.  These properties are in addition to the 862 houses and apartments funded to completion by NAMA in the Dublin area in the period up to end-2013.

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