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Project Ireland 2040 Funding

Dáil Éireann Debate, Tuesday - 15 May 2018

Tuesday, 15 May 2018

Questions (580)

Imelda Munster

Question:

580. Deputy Imelda Munster asked the Minister for Housing, Planning and Local Government if Drogheda is eligible to apply for grants which are designed to specifically target urban regeneration in view of the fact that some grants are only available to towns that are classified as hubs and gateways under Project Ireland 2040 and Drogheda is, therefore, excluded; and if he will make a statement on the matter. [21027/18]

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Written answers

Project Ireland 2040 provides for the establishment of a €3 billion Regeneration and Development Fund: €2 billion for urban regeneration and development purposes, focusing on cities and towns in excess of 10,000 in population, which would include Drogheda, complemented by a €1 billion fund for rural regeneration of smaller towns and villages, which is the responsibility of my colleague, the Minister for Rural and Community Development.

The €2 billion Urban Regeneration and Development Fund is not restricted to the locations identified as Gateways and Hubs in the previous National Spatial Strategy. It will be a competitive bid-based fund, operated in line with criteria that my Department is in the process of drawing up, in consultation with the Department of Public Expenditure and Reform and the Department of Rural and Community Development.

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