The overall capital provision for my Department next year as set out in Budget 2020 is €2.226 billion, an increase of €102 million on the 2019 provision. The capital provision for the Housing Programme will increase to €1.529 billion in 2020 (including Local Property Tax receipts of €76 million), an increase of €118 million on the comparable 2019 provision.
In 2019, an updated profiling of expenditure under the Urban Regeneration and Development Fund indicated that €13 million could be re-profiled from 2019 to future years, without causing delays to projects, in order to help meet the increased costs of the National Children’s Hospital. Some €130 million (including €33.5 million in capital carryover from 2019) has been provided for the Fund in Budget 2020 to support transformative regeneration and rejuvenation projects in the cities and larger towns.