The Town and Village Renewal Scheme has a budget of €25 million this year, following the allocation of an additional €10 million to the scheme as part of the Government’s July Stimulus Package.
The 2020 scheme was tailored to help rural towns and villages respond to the challenges presented by COVID-19. This year's scheme includes an Accelerated Measure which has enabled towns and villages to introduce initiatives immediately to support increased footfall and enable people to shop and socialise safely in accordance with public health guidelines.
The scheme also includes a Standard Measure which places a focus on the recovery of towns and villages from the impact of COVID-19 in the medium-term.
To date, I have allocated €10.4 million to 363 projects under three funding rounds of the Accelerated Measure and this Measure is now closed.
A total of 249 applications were received under the Standard Measure of the Town and Village Renewal Scheme, which has a budget of €15 million. These applications are currently being assessed and the successful projects will be announced when that process is complete.