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NAMA Loan Offers

Dáil Éireann Debate, Tuesday - 24 July 2018

Tuesday, 24 July 2018

Ceisteanna (369)

Richard Boyd Barrett

Ceist:

369. Deputy Richard Boyd Barrett asked the Minister for Finance the amount NAMA has made available to developers in loan facilities to complete projects by year up to the end of the second quarter of 2018. [35032/18]

Amharc ar fhreagra

Freagraí scríofa

Since its inception, NAMA has advanced substantial development funding for a wide range of projects and expects to approve substantial additional funding for residential projects, on a commercial basis, over the period to 2020. A total of €2.8 billion has been advanced to date in capital expenditure for new and existing projects. Of this 47% related to the residential sector across NAMA’s entire portfolio. Additional information is available in NAMA’s Annual Reports which are available on the NAMA website and which contain details of commercial and residential developments which have been funded by NAMA.

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