In July 2022 the Vacant Property Refurbishment Grant was launched to support bringing vacant and derelict properties back into use. From 1 May 2023, a grant of up to a maximum of €50,000 is available for the refurbishment of vacant properties for occupation as a principal private residence and for properties which will be made available for rent, including the conversion of a property which has not been used as residential heretofore, subject to appropriate planning permission being in place.Where the refurbishment costs are expected to exceed the standard grant of up to €50,000, a maximum top-up grant amount of up to €20,000 is available where the property is confirmed by the applicant to be derelict or where the property is already on the local authority’s Derelict Sites Register, bringing the total grant available for a derelict property up to a maximum of €70,000.
The grant is available in respect of vacant and derelict properties built up to and including 2007, in towns, villages, cities and rural areas.
In order to support the timely delivery of properties, from May 2023, once a grant application receives approval, applicants must complete works applied for within a period of 13 months. Currently payment of grants is issuing some 12 months from date of approval, as works are completed.
In exceptional circumstances, where an applicant is experiencing particular issues and cannot complete the works applied for under the grant within the 13 month period, the Local Authority may consider and grant an extension of the approval period at their discretion. My Department issued a circular to all local authorities in October 2023 setting out details of this arrangement.
When the Croí Cónaithe Towns Fund was launched, a commitment was given that the schemes funded by it would be kept under ongoing review. It is intended that a comprehensive review and evaluation of the schemes under the Croí Cónaithe Towns Fund will be undertaken by mid-2024.