Dáil Éireann Debate, Tuesday - 21 June 2016
257. Deputy Peadar Tóibín asked the Minister for the Environment, Community and Local Government if he will ensure that the €200 million earmarked for infrastructural investment is used for the building of two major roads around the town of Navan, County Meath (details supplied). [17207/16]
View answerI announced recently the Government’s approval to the establishment of a Local Infrastructure Fund of €200 million to relieve critical infrastructural blockages to enable the accelerated delivery of housing on key development sites and improve the economic viability of new housing projects in Dublin and in urban areas of high demand for housing.
The Fund will be composed of an Exchequer allocation of €150 million, matched by a €50 million contribution from participating local authorities. Funding is to be allocated to local authorities, following a call for proposals on a competitive bid process basis which would be disposed to early delivery of the requisite additional housing at scale, including at affordable prices.
It will be a matter for local authorities to determine their bid proposals to identify the priority development sites which are proposed to be activated for housing in the immediate and short term through the removal of the infrastructural blockages.
The detailed arrangements on the implementation of the funding are being finalised by my Department, in conjunction with the Department of Public Expenditure and Reform.
