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Regeneration Projects

Dáil Éireann Debate, Tuesday - 2 November 2021

Tuesday, 2 November 2021

Ceisteanna (286)

Kieran O'Donnell

Ceist:

286. Deputy Kieran O'Donnell asked the Minister for Finance the number of residential and commercial applications received and granted under the living city initiative for Limerick city since its commencement by year to date in tabular form. [53069/21]

Amharc ar fhreagra

Freagraí scríofa

The Living City Initiative (LCI) was introduced in May 2015. The rented residential element of the LCI was introduced in 2017. The first year for which statistics were collected in respect of applications received is 2016.

Under LCI, applications are made to the relevant Local Authority in respect of the owner-occupier and rented residential elements of the scheme; applications to the Local Authority are not required to be made under the commercial element of the scheme.

The number of valid applications received by Limerick City and County Council (based on the most recent information received by Revenue) since the introduction of the LCI are as follows:

Year

Applications received

2016

<10*

2017

<10

2018

16

2019

19

2020

33

2021

33

*Fewer than 10 claimants, the exact number is not shown to protect taxpayer confidentiality

Further statistical information on LCI, including the maximum tax cost and the number of claimants under the LCI, is available on the Revenue website at:

https://www.revenue.ie/en/corporate/documents/statistics/tax-expenditures/property-reliefs.pdf .

These statistics are not collated on a geographical basis.

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