BUDGET 2016: Nama faces ‘challenge’ of 20,000 new units

Nama will have to more than double its number of active sites and delivery rate of residential units if it is to meet the “challenging” budget target of providing 20,000 new units by 2020 as part of a €4.5bn programme.

“Achievement of a 20,000 residential unit funding delivery target will be very challenging,” the agency said after the budget last night.

“Nama will need to have at least 100 sites concurrently active — there are about 40 active sites at present.