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Urban Development

Dáil Éireann Debate, Thursday - 29 November 2018

Thursday, 29 November 2018

Questions (237, 246)

John Lahart

Question:

237. Deputy John Lahart asked the Minister for Housing, Planning and Local Government the status of a project (details supplied); if funding has been secured; when the project will commence; and if he will make a statement on the matter. [49846/18]

View answer

Billy Kelleher

Question:

246. Deputy Billy Kelleher asked the Minister for Housing, Planning and Local Government the amount announced in budget 2019 for the urban regeneration and development fund in 2019 to fund a number of initial projects. [50039/18]

View answer

Written answers

I propose to take Questions Nos. 237 and 246 together.

The 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 funding, details of which are available on my Department's website at www.housing.gov.ie/sites/default/files/publications/files/urdf_-_2019_funding_allocations_0.pdf.

Projects with a value of €100 million have been approved in principle through this process, and having regard to likely draw down of funds, a provision of €71m has been made available through my Department’s Vote in 2019 to fund projects for delivery in 2019.

The proposal in question did not receive an allocation for this round of funding. However, the URDF is a rolling fund, with €2 billion available to 2027, and it is my intention to announce a second call for proposals under the Fund early in 2019.

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