The Urban Regeneration and Development Fund, URDF, was launched as part of Project Ireland 2040 to support the compact growth and sustainable development of Ireland’s five cities, regional drivers and other large urban centres.
The URDF grant in respect of the successful proposal in question, as with all other successful bid proposals, has been approved in principle subject to agreement of subsequent technical details with my Department and may be regarded as an initial investment of support for the project. Given that this is a Category B proposal, a provisional funding amount of €400,000 has been determined to enable initial technical and preparatory work and my Department intends to further engage with Kildare County Council to agree on the terms and conditions of the funding allocation and to discuss the progression of the proposal in 2019 and onwards.
As the process of finalising agreements with successful applicants is currently ongoing, project conditions will only be concluded after this process which can, in part, involve commercially sensitive information or proposals subject to a formal consent or acquisition process at a later point.
It is expected that a second call for proposals for 2020 funding will be launched later in Q1 2019 and a workshop for applicants will be organised in advance. It is envisaged that this application period will run until summer 2019.