The Town and Village Renewal Scheme was adapted this year to assist towns and villages to respond to the impact of COVID-19. The scheme, which has a budget of €25 million this year including €10 million as part of the Government’s July Stimulus Package, includes two separate funding Measures - an Accelerated Measure and a Standard Measure.
The Accelerated Measure was designed to support smaller scale projects that could be delivered immediately to assist towns and villages in adapting to the challenges presented by COVID-19, and to allow people to shop and socialise in a safe manner.
The Standard Measure is designed to help rural towns and villages to recover from the impact of COVID-19 in the medium-term.
I recently approved funding of €10.4 million for 363 projects across three funding rounds of the Accelerated Measure and this particular Measure is now closed.
Funding under the Standard Measure of the Town and Village Renewal Scheme is awarded on a competitive basis. Almost 250 applications were received under this Measure and all applications are currently being assessed.
I expect to be in a position to announce the successful projects under the Standard Measure when the assessment process is completed in December.