In 2018, bids were invited from public bodies for funding support from the Urban Regeneration and Development Fund (URDF) either under Category A for projects that were proposed as being ready to be initiated or under Category B as projects that required further consideration and development.
On 26 November 2018, initial URDF support of €100m was provisionally allocated to a total of 88 projects under the first call for proposals. As part of this first tranche of approvals, Mayo County Council was provisionally awarded URDF support of €3,217,000 towards their proposal for the advancement of the Ballina Innovation Quarter, which includes the Military Barracks.
Since last November’s announcement, my Department has engaged with a large number of the successful applicants to discuss the details of their proposals, the planned advancement of projects and to establish the level of related URDF funding demands expected to arise for 2019 and beyond.
In this regard, my Department has recently written to Mayo County Council in connection with the project in question and a meeting with the Council to discuss the matter will be scheduled shortly.