Clare receives over €2m funding for vacant homes

CLARE gets over €2m allocated funding for vacant and derelict sites.

Under the latest €150m Call 3 URDF allocation from the Department of Housing, Local Government and Planning, Clare is set to receive €2,500,000 to activate vacant properties and derelict sites. 

A call for proposals from local authorities for funding to acquire a vacant or derelict property or site (residential or commercial) was granted and associated works that may be required to de-risk or improve the site so that it is more attractive for re-use or sale is encouraged.

Clare community groups receive nearly €1.5m in loans

The fund will then be replenished from the proceeds received from sale or use of a site, thereby allowing a local authority to establish a programme to tackle long-term vacancy and dereliction without borrowing or the associated financial risk.

Launching the Vacant Homes Action Plan and new URDF call for proposals, Minister for Housing Local Government and Heritage Darragh O'Brien said: "The most efficient home to deliver is one that already exists. 

“I want vacant properties in cities, towns and villages across the country to become homes - giving people the opportunity to live and participate in their local communities. 

“The new €150 million URDF call for proposals will help local authorities transform vacant and derelict buildings and sites in order to revitalize and regenerate our cities and large towns, and deliver more housing.”