Plans for Nama to supply 80 houses a week

Finance Minister Michael Noonan will outline plans in next week’s budget to address the housing crisis with Nama supplying up to 80 houses a week by the end of the year.

The Coalition is now expected to front load spending for some measures this year, in a bid to get around EU restrictions which prevent it allocating more than €1.5bn for next year under budget 2016.

This comes after the Department of Finance last night released its white paper, which outlined substantial supplementary payments being made available to ministers before the year’s end.