Denise Mitchell (Dublin Bay North, Sinn Fein)
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425. To ask the Minister for Finance the number of properties either renovated or converted under the living city initiative for 2019; and the average amount per successful claim. [33004/20]

Paschal Donohoe (Dublin Central, Fine Gael)
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The Living City Initiative (LCI) (provided for in Finance Act 2013 and commenced on 5 May 2015) is a tax incentive aimed at the regeneration of the historic inner cities of Dublin, Cork, Galway, Kilkenny, Limerick and Waterford. The scheme provides income or corporation tax relief for qualifying expenditure incurred in refurbishing/converting qualifying buildings which are located within pre-determined 'Special Regeneration Areas' (SRAs).

I am advised by Revenue that the available information in respect of the Living City Initiative is the number of claimants (rather than number of properties) and the tax foregone. Revenue advise me that information in respect of 2019 is not yet available.

Using the data provided, the average value of claims for each year has been calculated as per the relevant column of the table below.

www.revenue.ie/en/corporate/information-about-revenue/statistics/tax-expenditures/property-reliefs.aspx.