Dáil Éireann Debate, Wednesday - 28 November 2018
272. Deputy Mary Butler asked the Minister for Housing, Planning and Local Government the status of an application on behalf of Waterford City and County Council in relation to capital funding approval for the North Quays project; and if he will make a statement on the matter. [48425/18]
View answerThe Urban Regeneration and Development Fund (URDF) was launched as part of Project Ireland 2040, to support the compact growth and sustainable development of Ireland’s five cities, regional drivers and other large urban centres.
I initiated the first call for proposals under the Fund in July 2018 and the deadline for submission of applications was 28 September. A total of 189 applications were submitted to my Department and on 26 November I announced the successful applicants for 2019 funding, details of which are available on my Department's website at the following weblink:
https://www.housing.gov.ie/sites/default/files/publications/files/urdf_-_2019_funding_allocations_0.pdf .
My Department has allocated a total of €6 million for Waterford City & County Council's North Quays proposal. This is the single largest funding allocation announced for 2019. The proposal is to provide timely plan-led implementation of key transportation elements of the Waterford Planning Land Use and Transportation Strategy, to transform city and regional access and mobility and to support substantial development on the North side of Waterford city. The combined projects will catalyse significant immediate development, enabling a natural extension of Waterford City Centre, to the North side of the river, as well as opening up the North side of the City for development in an unparalleled manner.
The URDF is a rolling fund, with €2 billion available to 2027. It is my intention to announce a second call for proposals for this round of funding early in 2019.
