The Remediation of Dwellings Damaged by the Use of Defective Concrete Blocks Act 2022 (the Act) was commenced on 22 June 2023 which contains the enhanced grant scheme and adopted the related Regulations on 29 June 2023.
A review mechanism is provided within the Act, which provides for an increase or decrease the overall grant scheme cap a year after the Act has been commenced by no more than 10%, in accordance with the conditions of Section 11 of the Act.
Following updated cost reports from the Society of Chartered Surveyors Ireland (SCSI) and advice from the Expert Group established to consider the matter, a further increase was provided for on 23 October 2024 through S.I. 577 of 2024. The Scheme Cap has risen by 10% to €462,000. An increase in the scheme grant rates of between 7.4% and 8.7% that are set out in the 2023 Regulations was also approved on 7 November 2024. (S.I. No. 621 of 2024).
The Act provides that any increase in the scheme cap or grant rates will apply to eligible relevant owners that are yet to receive a determination in respect of remediation option and grant amount. My Department sought legal advice that confirmed that extending these increases to a wider group of relevant owners requires amending the Act. My Department is currently progressing this matter.