Government funding of €50m for vacant properties in Tipperary is set to revitalize county towns

0

A new €50 million Croí Cónaithe (Towns) Fund, which will support the residential reuse of vacant and underused buildings in Tipperary towns and villages, was announced this morning by the Minister for Housing, Local Government and Development. Heritage, Darragh O’Brien TD, who was also joined by An Taoiseach Micheal Martin.

Many areas of towns and villages are facing the scourge of vacant properties, which, if brought back into use, could add real vibrancy to towns of all sizes in County Tipperary.

This is a clear ambition of the government‘s Our Rural Future policy and the recently released Town Center First policy, which aims to tackle vacancy, tackle decay and breathe new life into our town centres.

It also responds to the ambition set out in Housing for All Pathway 4, which aims to address vacancy and make efficient use of the existing housing stock.

The program is expected to benefit those who wish to transform a formerly vacant home or building into their primary private residence and become part of the region’s community, pursuing the goal of creating town centers that function as viable, vibrant and attractive to people. to live, work and visit, while functioning as a service, social, cultural and recreational center for the local community.

The Fund will be distributed by local authorities who will provide a grant to support the renovation of vacant properties, with priority given to applications in areas where the level of vacancy or abandonment is high.

A grant of up to €30,000 will be available for the renovation of vacant properties for the purpose of occupation as a principal private residence, including the conversion of a property which has not been used as a dwelling until now.

Where a property is derelict, a maximum amount of top-up grant of up to €20,000 will be available, bringing the total amount of grant available for a derelict property to a maximum of €50,000. This can also be combined with the SEAI Better Energy Home Scheme which covers works up to €26,750.

Announcing the new initiative, Taoiseach Micheál Martin said: “We know there is a great appetite in towns and villages across Tipperary to repurpose vacant properties for home ownership and this scheme will transform many these opportunities in reality.

“This initiative is part of the Housing for All suite of measures which aims to ensure that everyone has access to good quality housing and to seek to strengthen and diversify rural towns and villages so that they are at the center of the local growth in housing and employment”.

Minister Darragh O’Brien TD added: “The Croí Cónaithe (Cities) fund is another key step in implementing the government’s plan for housing for all and supporting home ownership. Recently we launched our new Home First scheme, advertised affordable and expensive rental housing to be developed through the Shanganagh Land Development Agency and encouraged the development of owner-occupied apartments through the Croí Fund. Conaithe Cities.

“Today, this program becomes our latest addition to boost home ownership by helping people renovate vacant properties to become their homes, enabling them to live in cities and towns and address vacancy through sustainable reuse. At the same time, we are adding vibrancy to cities and towns across the country and supporting local communities. I also intend to further expand the program into urban areas with high vacancy or abandonment in the months to come.

ADVERTISEMENT – KEEP READING BELOW

Share.

Comments are closed.