Letterkenny is set to receive €14.7m under new funding announced by Minister for Housing Local Government and Heritage James Brown.
This is part of a national funding package of €409m which is available to each local authority in the state under the new Towns and Cities Regeneration Investment Fund programme.
The proposed Letterkenny Transport Hub will receive the largest segment of funding with €9m.
The Letterkenny Cultural Corridor is set to receive €5.4m while Into Letterkenny and LK Green Connect 2 will be allocated €150,000 each.
Donegal Minister Charlie McConalogue says today’s announcement is positive news:
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(Release in Full)
Minister for Housing, Local Government and Heritage, James Browne TD, has today announced the list of projects that will be included under the new Towns and Cities Regeneration Investment Fund programme.
With almost 120 projects across every local authority in the State, this new Government investment will fund transformative town and city regeneration projects.
Projects prioritised include the redevelopment of vacant or underused sites, public realm enhancements, and community and civic infrastructure.
The fund will support policies such as ‘Town Centre First’ and seek to focus funding in the most disadvantaged areas of our towns and cities.
An investment of €409 million will be available if local authorities can meet the targets set out in their applications for support.
Minister for Housing, Local Government and Heritage, James Browne TD:
“I want the centres of our towns and cities to be places people want to hang out in, meet up, do the shopping and live in.
“We have to improve these areas in our towns because not only should they look well, but they should be usable and accessible. They should be places where everyone from teenagers to older people feel safe in and want to use, be proud of and enjoy.
“I am committing a major injection of funding for towns around the country and I want to see transformative regeneration. I know it’s badly needed particularly in some areas.
“People are frustrated with decline in some of our towns and I want to see councils put this funding to good use and quickly.
“I am funding what I see as a really decent pipeline of good projects that have an eye to the future.
“I am particularly pleased to include over 30 projects that will be designed for, or built in, areas of disadvantage, providing local authorities with the money to drive on with much needed regeneration and renewal in key areas where local communities cannot and should not be left behind.
“I wish to commend local authorities for their submissions which reflect their ambition and commitment to the programme. I would also like to thank the community groups and social enterprises who have collaborated with them in creating projects that will have a lasting effect on their locality.”
The Department will now begin contacting local authorities regarding the next steps they need to take to deliver on this ambition.
