Dáil Éireann Debate, Tuesday - 15 November 2022
637. Deputy Jennifer Carroll MacNeill asked the Minister for Rural and Community Development the cumulative budget allocated to the Rural Regeneration and Development Fund from 2017 to 2022; and if she will make a statement on the matter. [56388/22]
View answerThe Rural Regeneration and Development Fund, established in 2018, provides funding for the development and construction of capital projects in towns and villages with a population of less than 10,000 and rural areas across Ireland.
Calls for applications to the Fund are sought under two categories – Category 1 and Category 2. Category 1 relates to large scale ambitious capital projects with all necessary planning and other consents in place, and which are ready to proceed. Category 2 provides smaller grant funding to enable the development of project proposals suitable for future calls for Category 1 applications.
To date, the Fund has allocated funding of €395 million for 215 projects nationwide costing €542 million.
The cumulative budget allocated to the Rural Regeneration and Development Fund for expenditure in the period 2019 to 2022 was €220 million.
