Government accused of ‘more handouts’ to private developers

Taoiseach insists Nama offshoot will generate return for taxpayer

Mr Varadkar said the new housing finance agency would provide €750m for development finance to builders so  they could build affordable housing across the State. Photograph: Getty Images

Mr Varadkar said the new housing finance agency would provide €750m for development finance to builders so they could build affordable housing across the State. Photograph: Getty Images

The Government has been accused of giving “more handouts” to private developers through the new National Asset Management Agency (Nama) offshoot which will lend money to build houses on commercial terms.

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