Nama’s sweeteners for developers revealed

State’s toxic bank proposing to pay incentives for house-building

Ian Kehoe - avatar

Ian Kehoe

30th December, 2014

Major new information has emerged this weekend about the scale and type of financial incentives being offered by the National Asset Management Agency (Nama) to developers, including special inducements to promote house-building in the greater Dublin area.

As the controversy over developers’ bonuses rumbles on, it has emerged that the state’s toxic debt agency is proposing to pay certain developers a “fee per house” if they can help solve the capital’s chronic housing crisis....

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