The revised National Development Plan (NDP) was published in July and set out €275.4 billion in public capital investment to 2035 – the largest and most significant capital injection in our economy in the history of the State. Following the agreement of the revised NDP in July 2025, annual sectoral capital allocations have been agreed for departments for 2026 to 2030. As part of the NDP Review, €36 billion in Exchequer funding was allocated to my Department.
In line with the agreed Programme for Government, and as set out in Delivering Homes Building Communities, the initial €2 billion allocation to the Urban Regeneration and Development Fund (URDF) has been extended by a further €500 million to 2030 under the updated NDP. Working alongside other funding streams, this additional funding will expand URDF-type investments to provide broader public investment to support regeneration and the development of sustainable communities.