Rural Regeneration First Round of Funding approvals
As part of Project Ireland 2040, the Government has committed to providing an additional €1 billion for a new Rural Regeneration and Development Fund (“the Fund”) over the period 2019 to 2027. The Fund will provide investment to support rural renewal for suitable projects in towns and villages with a population of less than 10,000, and outlying areas. It will be administered by the Department of Rural and Community Development.
The new Fund provides an unprecedented opportunity to support the revitalisation of rural Ireland, to make a significant and sustainable impact on rural communities, and to address de-population in small rural towns, villages and rural areas. It will be a key instrument to support the objectives of the National Planning Framework, and in particular to achieve Strengthened Rural Economies and Communities – one of the National Strategic Outcomes of the NPF.
First round allocation of the RRDF, November 2018
SRA: €12,834,722 (52.5%) Southern Region approved projects are in Carlow (1); Kilkenny (1); Limerick (3) Clare (1); Cork (1) and Kerry (1)
NWRA: €10,382,917 (42.5%)
EMRA: €1,200,000 (5%)