Dáil Éireann Debate, Tuesday - 27 July 2021
796. Deputy Brendan Griffin asked the Minister for Housing, Local Government and Heritage when the next round of the urban regeneration and development fund will open for applications; and if he will make a statement on the matter. [41306/21]
View answerThe Urban Regeneration and Development Fund (URDF) was launched in 2018 to support more compact and sustainable development. The Fund is providing part-funding for projects that will enable a greater proportion of residential and mixed-use development to be delivered within the existing built-up footprints of our cities and large towns, while also ensuring that more parts of our urban areas can become attractive and vibrant places in which people choose to live and work, as well as to invest and to visit.
To date there have been two Calls for proposals under the URDF with a total of €300m allocated to date in respect of the 87 projects approved under Call 1 while in March this year URDF funding support of €1.3 billion was announced in respect of 45 projects approved Call 2.
My Department's immediate focus is on the early advancement of proposals approved under Call 2. This being the case there are no plans at present for a further call for proposals.
