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Town and Village Renewal Scheme

Dáil Éireann Debate, Tuesday - 22 September 2020

Tuesday, 22 September 2020

Questions (908)

Mattie McGrath

Question:

908. Deputy Mattie McGrath asked the Minister for Community and Rural Development and the Islands if successful applicants to the 2019 town and village renewal scheme can have their match funding requirement of 20% reduced to 10% in line with the 2020 scheme due to the difficulty that community groups are facing in fundraising during the Covid-19 pandemic and risk the entire project collapsing as a result; and if she will make a statement on the matter. [25317/20]

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Written answers

The Town and Village Renewal Scheme provides funding for the development and enhancement of our rural towns and villages. Applications for funding are submitted through the Local Authorities. The scheme provides funding for 80% of the cost of the projects being delivered, with the remaining 20% provided by the Local Authority, local community and/or philanthropic donations.

Each Local Authority, in submitting applications under the Scheme, is required to confirm that the matching funding required to deliver the project is in place. All successful applications approved under the 2019 Scheme were approved on the basis that the 20% match funding was in place. I therefore have no plans to revisit that requirement at this time.

The 2020 Town and Village Renewal Scheme was adapted to reflect the significant challenges facing communities as a result of the COVID-19 pandemic. As an exceptional measure for 2020, the rate of grant aid was increased to a maximum of 90% of total project cost, with 10% match funding to be provided by the project.

The higher level of aid was introduced in recognition of the fact that for new projects this year, communities are faced with reduced capacity to fundraise, while there are also increased demands on the resources of Local Authorities in responding to COVID-19.

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