The Large Scale Sport Infrastructure Fund (LSSIF) was launched in 2018 to provide Exchequer support for larger sports facility projects, including swimming pools, with at least €100 million being made available over the period to 2027.
The first allocations under the LSSIF were announced in January 2020 and, thus far, approximately €86.4 million has been awarded to 33 different proposals. A provisional allocation of €837,680 was announced for the design of a Regional Sports Campus in Cavan. The evaluation procedures and guidelines provide that successful projects undergo a process of due diligence including economic appraisal and feasibility studies as appropriate to comply with the Public Spending Code.
The Cavan project completed this process and, on 4 November 2020, the Department wrote to Cavan County Council to commence legal formalities in regard to a funding agreement for the development. Further progress is expected once Cavan County Council, as lead partner, has concluded engagement with its partner applicants on a range of site-specific issues and my Department looks forward to concluding a funding agreement when the applicants are ready to do so.