The Vacant Property Refurbishment Grant introduced in July 2022, provides a grant of up to €50,000 for the refurbishment of vacant properties for occupation as a principal private residence and for properties which will be made available for rent. A top-up grant of up to €20,000 is available where the property is confirmed to be derelict, bringing the total grant available for a derelict property up to a maximum of €70,000. In order to qualify for the grant, the property must be vacant for two years or more at the time of application.
The Vacant Property Refurbishment Grant is not available to registered companies, developers or undertakings and applications can only be made by named individuals.
There are a range of measures in place to address vacancy and support urban regeneration which can be availed of by companies and undertakings, such as the Repair and Leasing Scheme, the Living City Initiative and planning exemptions for the conversion of certain commercial properties into residential use.