Waterford Council has been granted â¬27.6m by the government to rejuvenate the city centre.
The money will be spent across a total of 22 projects around the city centre in the wider Viking Triangle & Cultural Quarter areas.
The funding, which is the full amount applied for, is being allocated from the second round of the government’s Urban Regeneration and Development Fund (URDF) and follows on from the â¬110 million for the North Quays last November.
Waterford Fine Gael Senator John Cummins described the funding as ‘transformative’ and said the total investment will be in the region of â¬48.5 million:
âToday is a further watershed day and again demonstrates the government’s commitment to Waterford in the context of Project Ireland 2040. Waterford City and County Council received every cent of funding they requested of government and in reality the state investment will be far in excess of â¬27.6 because a number of the projects contained in the plan
Press release
Regenerating the Mid-East â OâBrien announces â¬30.4 million for URDF Projects in Meath, Kildare and Wicklow
URDF to fund regeneration projects in Flowerhill and Abbeylands (Meath) and Bray Harbour Area
Investment will provide much needed stimulus during economic recovery
The Minister for Housing, Local Government and Heritage, Darragh OâBrien TD, today announced â¬30.4 million in funding for five regeneration projects in the Mid-East investment region of Kildare, Meath and Wicklow. The projects are being funded under âCall 2â of the Urban Regeneration and Development Fund (URDF). The URDF part-funds projects aimed at enhancing urban areas to make them more attractive places in which to live, work, visit and invest. The three local authorities, which will deliver these multi-annual projects, will receive this funding.
A decision will be made soon on whether a proposed new bridge and link road in Newbridge will be given funding by the Government. A proposed scheme involv.
The Government is investing €25.8m in the second round of a stimulus plan to encourage more compact and sustainable development around the country.
Local councils in four ‘Project Ireland 2040’ invesment regions will administer the funds, issued under the Urban Regeneration Development Fund (URDF), and the goal is to revitalise the areas.
The largest portion of the funding under the second phase of the plan, which focusses on the midlands, has been set aside for Longford Town’s Camlin Quarter Regeneration project.
It has been granted more than €10m, the Government announced today.
The three other projects granted funding today include:
Hill Street Views: Dundalk IT at a worrying crossroads
Opinion, views and commentary from former Democrat editor David Lynch
Reporter:
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These are certainly strange times up at DkIT; and not exclusively because of the Covid-19 pandemic either.
The Dublin Road-based institute is slowly, but surely becoming an outlier among its peers.
By next year several other ITs around the country are expected to have linked up and formed Technological Universities (or TUs) – these particular new bodies will likely be in the mid-west, north-west and south-east.
You’ll notice from that list a lack of a ‘north-east’ inclusion.
DkIT has, for reasons not entirely fully understandable, decided to go it alone and not forge ahead with joining up with other ITs at present to form a TU.