It follows the purchase of 80% of a Maynooth housing estate by an investment firm.
A Kildare North Fianna Fáil TD has defended his party's policy on housing.
Last night, the Housing Minister, Fianna Fáil's Darragh O'Brien, said there will be action from the government "shortly" on investment funds buying up residential property.
A recent notable purchase was that by Round Hill Capital, which paid €53 million for 135 out of 170 homes in Mullen Park, Maynooth.
However, senior government figures have warned it could be weeks before anything is in place.
After agreement is reached by Ministers, the Attorney General will have to be consulted and legislation drafted.
James Lawless says cuckoo funds are not the only issue
Deputy Lawless joined Clem Ryan on Wednesday's edition of the programme, in an interview which began with an up-date on site acquisition for three co-located schools in Celbridge.
Missing Naas Woman Deborah Doyle Located "Safe And Well"
Kildare SF Team (one late change) vs Wexford
Average Price Of Three-Bed Semi-Detached Homes In Kildare Now Cost €400,000
Council Says Reopening Celbridge Abbey Car Park Would Hit Parking Budget
Where To Recycle Your Christmas Tree In Kildare From Next Week
Over 9,000 Tusla Referrals Linked To Poor School Attendance Were Made Last Year
Homelessness Figures Reach Another Record High, With Numbers Also Increasing In Kildare
Kildare Under Status Yellow Ice Warning From Tomorrow Evening As Temperatures Set To Plunge
