€400m regeneration funding available for towns and cities
The Irish government has announced a €400 million funding package aimed at the regeneration of towns and cities. Local authorities must meet specific criteria to access these funds, which are intended to tackle dereliction and improve civic infrastructure.
Why it matters
This investment represents a significant effort to revitalize urban spaces and address long-term vacancy issues in local communities.
Funding of over €400 million is being made available to local authorities as part of a continuing regeneration programme for towns and cities.
Councils will have to meet specific targets to unlock the finance.
The Minister for Housing James Browne said the assistance will be focused on the redevelopment of underused sites, along with improvements to civic infrastructure.
The supports form part of the ongoing Towns and Cities Regeneration Investment Fund.
While previous grants have been targeted at specific building projects, the Department of Housing said the latest round of finance is centred on tackling long-term vacancy and dereliction.
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