Written answers

Thursday, 18 April 2019

Department of Housing, Planning, and Local Government

Urban Development

Photo of Dara CallearyDara Calleary (Mayo, Fianna Fail)
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314. To ask the Minister for Housing, Planning, and Local Government the number of applications by category A and B projects made under the urban regeneration and development fund by county, to date, in tabular form; the number of successful and unsuccessful project applications by category that applied for funding by county; the successful projects, by county, that have been approved for funding by category; the value of funding approved for each such project; when successful applicants will receive funding in 2019; the amount allocated to the fund in 2019; the number of payments that have issued to date in tabular form; and if he will make a statement on the matter. [18223/19]

Photo of Eoghan MurphyEoghan Murphy (Dublin Bay South, Fine Gael)
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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.

A total of 189 applications were received by my Department under the first call for proposals.  The full list of those applications, including details of counties and categories, is available on my Department's website at the following .

On 26 November 2018, I announced a provisional allocation of €100m URDF funding to support 88 successful proposals, details of which are published on my Department's website at the following .

There are two types of project: Category A - projects that are 'ready to go' - and Category B - projects that are at an earlier stage (Master-planning/Feasibility etc.) and which will assist in forming a future pipeline of projects, as the URDF is a rolling fund, with €2 billion available to 2027.  Of this, €58 m is available in 2019 to provide initial support for these approved projects while €550 million is included in the NDP to provide further support for these and other similar projects up to 2022.

The advancement of these projects through their various stages of development is, in the first instance, a matter for the applicants concerned.  Since last November’s announcement, my Department has engaged with a large number of the successful applicants to further clarify the details of their proposals, the proposed composition and progression of projects, and to establish the level of related URDF funding demands expected to arise for 2019 and beyond.

The Department has now concluded this process and further correspondence outlining the terms and conditions attached to URDF support, together with the arrangements for management and disbursement of the associated Exchequer funding, will issue shortly.  As yet, there have been no payments under the Fund.

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