The Revised Estimates 2018 in respect of my Department set out a capital allocation of €88m in respect of my Department in 2018, supplemented by €7.7m in capital carryover from 2017.
The following table sets out programme capital expenditure in respect of 2018.
2018 Programme Allocation
|
Allocation 000
|
A - RURAL DEVELOPMENT & REGIONAL AFFAIRS
|
|
A.3 - DORMANT ACCOUNT MEASURES
|
2,006
|
A.5 - NATIONAL RURAL DEVELOPMENT SCHEMES
|
15,383
|
A.6 - LEADER - RURAL ECONOMY SUB PROGRAMME
|
35,000
|
A.8 - TOWN AND VILLAGE REGENERATION
|
15,000
|
A.9 - RURAL BROADBAND, REGIONAL ECONOMIC DEVELOPMENT
|
600
|
A.10 - LOCAL IMPROVEMENT SCHEMES
|
10,000
|
B - COMMUNITY DEVELOPMENT
|
|
B.6 - RAPID
|
3,767
|
B.8 - PROGRAMME FOR PEACE AND RECONCILIATION
|
700
|
B.10 - LIBRARY DEVELOPMENT AND ARCHIVE SERVICE
|
2,750
|
B.11 - COMMUNITY FACILITIES FUND
|
2,000
|
Sectoral allocations in respect of the proposed capital allocation of €141m in 2019 (as set out in the National Development Plan) will fall to be considered as part of the annual estimates process.
A Rural Regeneration and Development Fund has been established under my Department as part of Project Ireland 2040. This fund will invest an additional €1 billion in strengthening rural economies and communities over the next 10 years.
Funding of €315 million has been provided over the period 2019 to 2022, which will allow both further activity under existing initiatives as well as the introduction of new investment initiatives under the Fund to be supported during this period.
Details on the Rural Regeneration and Development Fund are available online at https://drcd.gov.ie/about/rural/rural-regeneration-development-fund/
Allocations from the Fund will be made on a competitive bid based approach. On July 4th, I announced a first call for proposals under the Fund.The deadline for the receipt of applications under the first call for proposals is 27 September 2018.