Dáil Éireann Debate, Thursday - 23 February 2023
309. Deputy David Stanton asked the Minister for Rural and Community Development when funding was made available for a project (details supplied) under the Rural Regeneration and Development Fund; the amount made available at the time; the amount drawn down to date; the current status of the project; the estimated time for completion of the project; the final drawdown of the funding; and if she will make a statement on the matter. [9282/23]
View answerThe Rural Regeneration and Development Fund provides funding for the development and construction of capital projects in towns and villages and rural areas across Ireland. To date, 215 projects have been approved for funding of €395 million for projects costing €542 million.
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.
The Youghal Public Library project was awarded funding of €4,048,511 under the third Call for Category 1 proposals to the Rural Regeneration and Development Fund in 2021. The total cost of the project is €4,498,346. The amount of funding drawn down to date is €189,109.
The detailed design for the project is currently being developed and the estimated completion date is September 2025.
