Fine Gael TD and Minister of State Andrew Doyle, has today, and welcomed the announcement of over €6m in funding for Wicklow under the Urban Regeneration and Development Fund.
Speaking on the announcement Minister Doyle outlined, “I received confirmation this morning from my colleague in the Department of Housing, Planning and Local Government, Eoghan Murphy that €6,721,000 has been allocated to Wicklow under the Urban Regeneration and Development Fund. This is fantastic news for Wicklow and is a huge boost to its main urban centres”
Earlier this year Project Ireland 2040 established four new funds with a combined allocation of €4 billion to 2027. The Urban Regeneration and Development fund (URDF) has an overall allocation of €2 billion to 2027.
The fund is the largest urban regeneration initiative in Ireland for decades and was established to support more compact and sustainable development, through the regeneration of and rejuvenation of Ireland’s cities and large towns, in line with the objectives of Project Ireland 2040.
There are two categories of funding and the projects in Wicklow are Category A projects which means they are ready to go.
The approved projects in Wicklow are
|Bray Public Transport Bridge||A||€3,450,000|
|Arklow Historic Town Core||A||€1,645,000|
Minister Doyle added, “This is a huge boost to Wicklow and will enable a greater proportion of residential and mixed use development to be delivered within the existing built-up footprints of our towns. It will ensure that more parts of our urban areas can become attractive and vibrant places in which people choose to live and work, as well as to invest”
“I would like to commend the work of the local community groups in Bray, Arklow and Wicklow for their ongoing dedication and determination to improve their area, to enhance the local community and in making Bray, Wicklow and Arklow a more attractive place to live and work”