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Urban Renewal Schemes.

Dáil Éireann Debate, Tuesday - 30 November 2004

Tuesday, 30 November 2004

Questions (483)

Jack Wall

Question:

537 Mr. Wall asked the Minister for the Environment, Heritage and Local Government his Department’s plans in regard to urban and town renewal progress; if he has satisfied himself with the progress; if the schemes have achieved the stated guidelines set down to redevelop urban and town centres; the plans he has to renew or vary the programmes going forward; and if he will make a statement on the matter. [31398/04]

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Written answers

The three tax incentive based urban regeneration schemes are the urban and town renewal schemes and the living over the shop scheme. Based on local authority returns, there is evidence that the schemes, which expire on 31 July 2006, have had a significant and beneficial impact throughout the country. It is estimated that total investment under the three schemes will amount to €5.5 billion. I intend to carry out a formal assessment of the full impact of the schemes next year. Pending that assessment and developments at EU level concerning regional aid guidelines for the post-2006 period, firm proposals do not exist for further such urban regeneration schemes.

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