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Limerick proposal to allow NAMA deliver affordable housing

first_imgWhatsApp NewsHousingLimerick proposal to allow NAMA deliver affordable housingBy Editor – January 13, 2018 2570 Limerick city house prices rise 4.9% as time to sell falls Email Limerick county house prices to rise 5% in 2021 Twitter RELATED ARTICLESMORE FROM AUTHOR Previous articleWork on Killaloe by-pass to star next yearNext articleCloete and Holland return for Munster’s trip to Paris Editor TAGSFianna FáilhomesHousingJan O’SullivanLabour Partyland bankslocal authoritiesmarket failureNAMAnew buildspublic housing Linkedincenter_img Print Advertisement Mortgage payment break for local authority home loan borrowers will be extended by a further three months Limerick City TD Jan O’Sullivan has repeated her proposal for NAMA to form the backbone of a new State Agency to deliver and finance affordable public housing.Deputy O’Sullivan, who is Labour Party spokesperson on Housing, proposed a repurposing NAMA in Summer 2016 and welcomed the fact that Fianna Fáil have now indicated their support for similar proposals in their next manifesto.She said that in the last budget the Government announced they would use NAMA to create a new funding vehicle for private developers.Sign up for the weekly Limerick Post newsletter Sign Up “As far back as Summer 2016, I proposed broadening NAMA’s remit to provide social and affordable housing, and rebrand the agency as the National Housing Development and Finance Agency.“Following sustained market failure to deliver new builds, the State must now take an active role in the development of affordable housing, and the long term financing of social housing through local authorities.“The State needs to pick up the slack from where private developers have failed. There are simply not enough homes being built.“Under Labour’s proposal, the focus of NAMA would become one of addressing the serious shortage in supply of residential accommodation for sale or for rent at affordable prices. It would also give NAMA the power to give financial assistance to local authorities and approved housing bodies for the construction of social housing.Labour Party Housing spokesperson Jan O’Sullivan“While I am glad to see Fianna Fáil also coming around to this point of view, it is disappointing that it has taken them so long.“The repurposing of NAMA has the potential to be transformational, but unfortunately the Government are intent on turning it into a private finance initiative.“Including public housing in a new remit for NAMA would provide a framework for the construction of social and affordable homes through NAMA’s remaining land banks. It would also allow the State to tap into the existing expertise and resources already in place at NAMA, and negate the need for the setting up of a new quango to deal with the housing crisis.“What we now need to see from Government and Fianna Fáil is a sense of urgency about ensuring social houses are built, and a national scheme that ensures homes that are built, are affordable.“There is also an opportunity to provide long term, low cost finance to local authorities and approved housing bodies for the construction of social housing, through a repurposed NAMA and HFA that could leverage the €5.3 billion available in the Ireland Strategic Investment Fund.”More housing news here Facebook Decision to enter Phase 4 of reopening Ireland deferred to August 10 Covid crisis impacts building of new homes in Limerick Students warned of rental scams in Limerick last_img read more

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Actor Sonu Sood Moves Supreme Court Against Bombay High Court’s Order Denying Relief Against BMC’s Notice On ‘Illegal Constructions”

first_imgTop StoriesActor Sonu Sood Moves Supreme Court Against Bombay High Court’s Order Denying Relief Against BMC’s Notice On ‘Illegal Constructions” Srishti Ojha30 Jan 2021 7:19 AMShare This – xA plea has been filed before the Supreme Court by Actor Sonu Sood challenging the the Bombay High Court’s recent order dismissing their appeal against Civil Court’s rejection in granting temporary injunction against the Greater Mumbai Municipal Corporation. The plea by the Actor has alleged that grave miscarriage of justice has been caused, on account of the observations made in the…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginA plea has been filed before the Supreme Court by Actor Sonu Sood challenging the the Bombay High Court’s recent order dismissing their appeal against Civil Court’s rejection in granting temporary injunction against the Greater Mumbai Municipal Corporation. The plea by the Actor has alleged that grave miscarriage of justice has been caused, on account of the observations made in the impugned order. The plea further alleges that the Court denied the grant of temporary injunction without considering the fact that the petitioners have already acquired approval of the Municipal Commissioner for their proposal moved under the Municipal Corporation Act, and are awaiting NOC of the Maharashtra Coastal Zone Management Authority, with regard to the suit building. According to the petitioners, the High Court not only took extraneous factors into consideration, but used the same as a foundation to render observations on the petitioner’s conduct. It has been contended in the plea that the High Court has committed a manifest error by proceeding to comment on the merits of the case which was an appeal against an interim order in a case pending adjudication, and has therefore prevented the free, fair and uninfluenced adjudication of the suit. The petitioners have expressed serious apprehensions that the said observations of the High Court would cause in the trial of their pending suit. According to the petitioners, the Court has influenced and prevented the fair and unbiased adjudication of the their Suit , by holding that the Civil Suit was barred on account of bar of jurisdiction of Civil Court under Section 149 of the Maharashtra Regulation and Town Planning Act, 1966 despite the contrary view taken time and again by both the Supreme Court and the Bombay High Court. In the present case the Petitioners despite having acquired part approval for proposal dated 19.06.2018 from the Municipal Commissioner on 07.02.2020 and pending only the NOC from MCZMA, a notice was issued against them notice u/s 53(1) MRTP Act thereby leading the Petitioner to rightly apprehend that the alleged offending structure of the suit building will be demolished. The petitioners have contended that the High Court has found fault with the Petitioners in not filing an application under Section 44 of the MRTP Act, while failing to appreciate that such application can be filed as a matter of right at any point in time after issuance of the notice under 53(1) of the MRTP Act. According to the petitioners, the High Court also lost sight of the fact that the Notice u/s 53(1) of the MRTP Act dated 24.10.2020 was given impetus by virtue of a motivated complaint which was only filed because the complainant is determined to cause harm to the property of the Petitioners as his illegal demands were not met. The notice issued by the respondents under Section 53 (1) of the MRTP Act, forming the basis of the present lis is in itself null and void, non est, vague, lacking material particulars inasmuch as it does not indicate the alleged unauthorized development undertaken and tritely put, is wholly incapable of being acted upon and by no stretch of imagination can the same be said to be sound in law. The special leave petition has been filed by AOR D.Kumanan and drawn by Prashant Sivarajan & Ujjawal Anand Sharma ,Partners at Lawmen & White.Next Storylast_img read more

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L’kenny Gardaí detect two motorists, one 40km/h over limit

first_imgHomepage BannerNews Google+ Nine til Noon Show – Listen back to Monday’s Programme WhatsApp Facebook Google+ Pinterest L’kenny Gardaí detect two motorists, one 40km/h over limit Gardaí from Letterkenny’s Roads Policing Unit have made two significant detection on Bank Holiday Sunday.Officers carrying out speed checks in the Letterkenny area detected one vehicle travelling at 138km/h and another at 140km/h.Both detections were made in a 100km/h speed limit zone.The Gardaí have renewed their calls for motorists to slow down, particularly over the wake of a number of fatal crashes across the country in recent days. Twitter Arranmore progress and potential flagged as population grows Important message for people attending LUH’s INR clinic center_img Twitter Facebook Previous articleDownings retain All Ireland crown: Kevin Gallagher ReactionNext articleAll Ireland Gaeltacht Finals Report News Highland RELATED ARTICLESMORE FROM AUTHOR News, Sport and Obituaries on Monday May 24th Pinterest Community Enhancement Programme open for applications WhatsApp By News Highland – June 3, 2019 Loganair’s new Derry – Liverpool air service takes off from CODA last_img read more

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