Tipperary Independent TD, Deputy Michael Lowry is pleased to confirm the following allocation of funding for Co. Tipperary under the Urban Regeneration and Development Fund.
Following his continued representation on behalf of Tipperary’s ‘Category A Projects’, to the Minister for Housing, Planning and Local Government, Mr Eoin Murphy; €2.89 million has now been awarded for the development of the Kickham Barrack Sports Hub in Clonmel and a further €1.35 million has been allocated for the Thurles, Liberty Square Regeneration Project.
This funding is allocated through Project Ireland 2040.
As readers will be aware, earlier this year ‘Project Ireland 2040’ established four new funds, all with a combined allocation of €4 billion, up to 2027.
The Urban Regeneration and Development fund (URDF) has an overall allocation of €2 billion up to 2027, with the Department of Housing, Planning & Local Government having the responsibility for the implementation of this same URDF funding.
This fund is the largest urban regeneration initiative taken in Ireland for decades and was established to support more compact and sustainable development, through the regeneration and rejuvenation of Ireland’s cities and large towns, in line with the objectives of Project Ireland 2040.
This will enable a greater proportion of residential and mixed-use development to be delivered within the existing built-up footprints of our cities and towns and it will ensure that more parts of our urban areas can once again become attractive and vibrant places in which people can choose to live and work, as well as to invest.
There are two categories of submission, Category A – for projects that are ready to go and Category B to support the initial development of projects (Master-planning / Feasibility) to ensure a pipeline of possible projects into the future.
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