Dáil Éireann Debate, Tuesday - 17 October 2023
324. Deputy Eoin Ó Broin asked the Minister for Housing, Local Government and Heritage to provide a breakdown of the €250 million URDF funding announced in Budget 2024 by specific funding scheme, i.e. refurbishment grant. [44966/23]
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 applicant-led 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.
As part of Budget 2024, €136 million is being provided for the URDF to allow for:
o The further advancement of 132 successful URDF proposals under Calls 1 & 2, comprising of nearly 400 projects, already approved under previous calls for proposals,
o Under Call 3, the delivery on an objective under Housing for All in terms of tackling vacancy and dereliction in URDF eligible towns and cities as part of the Town Centre's First approach, through the provision of dedicated funding to local authorities, and
o A further call for proposals, under Call 4, that will provide an opportunity for a number of ‘pipeline’ projects which have or will emerge from master planning exercises carried out under Call 1 or Call 2 to be considered for funding.
